bp-earnings
3 stories related to this topic, newest first.
BP Reports $8 Billion Q1 2026 Profit
BP reported profits exceeding $8 billion for the first quarter of 2026, more than doubling from prior levels, driven by oil prices climbing above $120 per barrel due to the Iran war. A shareholder revolt targeted the company's board at its annual meeting. Global effects included…
insider.co.ukOil Prices Rise as U.S.-Iran Talks Stall; BP Profits Increase
Oil prices climbed above $110 per barrel as peace negotiations between the U.S. and Iran faltered, with the Trump administration rejecting Tehran's latest proposal. This surge contributed to BP reporting first-quarter profits more than doubling to $3.2 billion. U.S. gas prices re…
BP Reports $3.2 Billion Q1 2026 Profit
BP reported first-quarter profits of $3.2 billion, more than double the previous year's figure, driven by exceptional oil trading performance amid volatility from the U.S.-Israel war with Iran. Oil prices have risen sharply since the conflict began, with Brent crude reaching abou…