BP reports highest profits since 2023 off the back of Iran war

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BP reported highest profit in three years Oil and gas giant BP has reported its highest quarterly profit since 2023 in its latest trading update, as the group capitalised on rising oil prices sparked ...

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ADRhedged","USO":"美国原油ETF"},"translate_title":"BP报告伊朗战争后利润创2023年以来最高","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/a35da868869f38120e2526b4b2c127b2","symbols_score_info":{"USE":0.81,"OILT":0.68,"SCO":0.6,"DUG":0.68,"BNO":0.68,"BWET":0.68,"OIH":0.68,"USOI":0.68,"ERX":0.81,"OILU":0.68,"USL":0.68,"BP":1.5,"DRLL":0.81,"PXJ":0.81,"XLE":0.68,"OILK":0.68,"DRIP":0.81,"UGA":0.68,"UCO":0.6,"USO":0.68,"IEO":0.81,"DBO":0.68,"XOP":0.68,"BPH":0.6,"DBC":0.81,"DBE":0.81,"IXC":0.81,"VDE":0.81,"GUSH":0.81,"DIG":0.81},"content_text":"BP reported highest profit in three years Oil and gas giant BP has reported its highest quarterly profit since 2023 in its latest trading update, as the group capitalised on rising oil prices sparked by the ongoing conflict in the Middle East.In its first results since the war in Iran broke out in February, BP reported a surge in profits to $3.2bn (£2.3bn) in the first financial quarter, up from $1.3bn the prior year.This also surpassed analyst expectations of $2.7bn.The group credited the surge to rocketing oil prices, stating it reflected “exceptional oil trading” as well as “seasonal inventory builds”.\n\nThe board announced a dividend of 8.3 cents per ordinary share and plans to reduce its hybrid bond financing by roughly $4.3bn.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBrent crude surgeBrent crude, the global benchmark for oil, has soared since early March as attacks across the Gulf led to the effective closure of the Strait of Hormuz, which transports a fifth of the world’s oil, while plants and ports across the region have been damaged.Brent is currently hovering around $110.2 after a 1.8 per cent rise in early morning trading.The results are the first under chief executive Meg O’Neill, who took over from Murray Auchincloss at the beginning of April, who left after less than two years in the role.\n\nO’Neill admitted joining at a time when “our industry is operating in an environment of conflict and complexity.But she acknowledged that BP had been working with customers and governments to “minimise disruption and the impact it can have on people’s lives”.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2630320877","isCrawlerRequest":true}