BP Says Lower Oil Prices Will Weigh on Earnings

BP Sees Lower Oil Prices Denting Q2 Profit

Lower oil and gas prices are expected to dent the second-quarter earnings at BP, despite higher output and stronger refining margins. BP’s realizations in the oil production and operations segment are expected to be $600 million-$800 million lower in the second quarter compared to the first quarter, the supermajor said in a trading statement on Friday ahead of publishing full Q2 results on August 5. Brent oil prices averaged $67.88 per barrel in…

BP says oil and gas production to rise after renewing focus on fossil fuels

The energy giant told investors that upstream production is now expected to be higher between April and June.

BP ramps up oil and gas production after reverting from 'green' strategy

Shares rise despite warning over lower oil and gas prices dragging on earnings

BP Braces For Profit Hit As Oil Prices Decline - BP (NYSE:BP)

BP (NYSE: BP) expects varied Q2 results due to lower oil prices, higher production, and seasonal demand shifts. Debt reduction and impairment charges also expected.

BP says lower oil prices will weigh on earnings

Energy major warns of second-quarter hit but flags higher production

BP Signals Strong Oil Trading as Quarterly Production Rebounds

BP Plc said it expects to report rising production and a strong result from its oil trading business for the second quarter, offering a potential boost for the energy major struggling to reverse years of underperformance.