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BP

World news about “BP” published by euronews.

03/02 15:35 CET

BP is latest to suffer profit hit from lower oil prices

BP is latest to suffer profit hit from lower oil prices

BP is the latest energy firm to report lower profits and say it will spend less on exploration because of falling oil prices. Full year profit was 10 percent lower at just over $12 billion (10.5 billion euros). Its underlying profits in the final three months of the year were…