Europe's second-largest oil company said second-quarter earnings fell 53% to $4.39 billion from $9.36 billion a year earlier when oil prices were much higher.
Bp Profit Falls 53% On Lower Oil Prices
twocents@thestreet.com (Joseph Woelfel), The Street
Tue, 07/28/2009 - 12:28am
BING NEWS:
- US oil refining capacity rises for second year in a row
U.S. crude oil refining capacity rose 1.5% to 18.38 million barrels per day (bpd) this year, a government report showed on Friday as a major new expansion in Texas boosted capacity.
06/14/2024 - 6:28 am | View Link - Oil Falls Amid Likely Risk-Off Sentiment
Oil fell in early Asian trade amid likely risk-off sentiment In the market.
06/13/2024 - 12:35 pm | View Link - US dollar surge sends precious metals lower
Gold, copper and sliver fell Thursday after the US dollar bounced higher. Oil was also easier but iron ore rose.
06/13/2024 - 10:44 am | View Link - Damian J. Troise
NEW YORK — Stocks that traded heavily or had substantial price changes on Monday:Tesla Inc., down $5 to $142.05.The electric vehicle maker cut the price of its so-called “Full Self Driving” system ...
06/11/2024 - 11:23 am | View Link - New York power grid faces shortfalls as new clean energy supply lags, NYISO says
New York's electric grid may face supply shortfalls due to retiring fossil fuel power plants and inadequate clean energy replacements, warns NYISO.
06/6/2024 - 12:20 pm | View Link - More
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