News Article(permalink)
British energy giant BP said Tuesday that it rebounded into net profit in the first quarter on the back of higher oil prices. Earnings after taxation hit $4.7 billion (3.9 billion euros) in the three months to the end of March, compared to a loss of $4.4 billion in the same period last year when coronavirus savaged oil demand and prices, BP said in a results statement. rfj/tgb
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Date published
2021-04-27