BP posts highest quarterly profit in 18 years
BP posted a record quarterly net profit on Friday, beating expectations as the Iran war boosted energy prices and refining margins. The results follow high earnings from Shell and TotalEnergies, which also beat quarterly profit expectations on Thursday and chose to raise share buybacks with their cash. BP reported third-quarter underlying replacement cost profit – its version of net income – of…
We haven't written up this one. The National UAE has the full story — the link below goes straight to it.
