In the downstream, refining has been a challenging ... planned in this segment as in the upstream. BP now intends to run 5 refineries - Cherry Point, WA and Whiting in the US and Castellon ...

BP (NYSE:BP) expects to book impairment charges of $1B-$2B for Q2, and warned of weak oil trading earnings amid "significantly lower" refining margins, sending its shares falling 3.8% in premarket ...

LONDON: BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous three months. The British group's oil trading result is also ...

BP (NYSE:BP) posted a 30% drop in Q3 profit to $2.3 billion, the lowest in nearly four years as softer refining margins and oil trading results continue to weigh on the company’s performance.

BP is scheduled to report results for the fourth ... $1.0 billion but it could be as low as $750 million due to weak refining margins, RBC Capital Markets analysts Biraj Borkhataria and Adnan ...

British energy giant BP said on Tuesday that weak refining margins and oil trading were likely to dent its second-quarter profit, sending its shares down 3% in morning trading. While its refining ...

(Reuters) - BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in four years as weak margins dented its refining business. The 61% drop in ...