BP swings back to small profit, refining weighs


BP reported a $86 million profit for the three months to September 30, beating analysts' expectations of a loss of $120 million. It followed a record $6.7 billion loss in the previous quarter.

LONDON: BP swung back to a small profit in the third quarter but warned the pace of recovery from the pandemic remains uncertain and is weighing on fuel demand and refining profits.

BP said that it faced a volatile trading environment as Asia recovers faster than other regions.

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BP , fuel demand , refining profits

   

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