BP profits jump as Middle East conflict drives up oil refining margins
The Guardian Business's headline. Reported by The Guardian Business, The Guardian World.
What the sources say, in brief
According to The Guardian, BP has reported a jump in quarterly profits, which it attributed to the war in the Middle East driving up oil and gas prices and leading to significantly higher trading. The company said on Friday that third-quarter underlying replacement cost profit rose to $8.46bn, up from $2.2bn a year earlier. The Guardian World and Guardian Business sections carried the same story under near-identical headlines and excerpts, so the sources do not disagree on the figures. The excerpts supplied are truncated, so further detail on refining margins and other results is not available from them.
Key points
- BP's third-quarter underlying replacement cost profit rose to $8.46bn, according to The Guardian.
- That figure was up from $2.2bn a year earlier, the Guardian reported.
- BP attributed the profit jump to the war in the Middle East driving up oil and gas prices.
- The Guardian reported that BP also cited significantly higher trading as a factor in the results.
Generated from the headlines and excerpts below and checked automatically: any number or name not present in the sources rejects the summary, and each bullet is checked the same way. Version 1.
BP profits jump as Middle East conflict drives up oil refining margins. According to The Guardian, BP has reported a jump in quarterly profits, which it attributed to the war in the Middle East driving up oil and gas prices and leading to significantly higher trading. The company said on Friday that third-quarter underlying replacement cost profit rose to $8.46bn, up from $2.2bn a year earlier. The Guardian World and Guardian Business sections carried the same story under near-identical headlines and excerpts, so the sources do not disagree on the figures. The excerpts supplied are truncated, so further detail on refining margins and other results is not available from them. Covered by 2 publications. The Guardian Business: BP profits jump as Middle East conflict drives up oil refining margins. The Guardian World: BP profits jump as Middle East conflict drives up oil refining margins.
Who is covering it
- The Guardian Business United Kingdom BP profits jump as Middle East conflict drives up oil refining margins Third-quarter underlying replacement cost profit rises to $8.46bn, up from $2.2bn a year ago BP has posted a jump in its quarterly profits as the war in the Middle East drove up oil and gas prices and led to “significantly higher” trading. The energy company said on Friday that third-quarter u 7 h ago · Tier 1
- The Guardian World United Kingdom BP profits jump as Middle East conflict drives up oil refining margins Third-quarter underlying replacement cost profit rises to $8.46bn, up from $2.2bn a year ago BP has posted a jump in its quarterly profits as the war in the Middle East drove up oil and gas prices and led to “significantly higher” trading. The energy company said on Friday that third-quarter u 7 h ago · Tier 2
Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.
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