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Home News BP sees profits double thanks to higher oil prices

BP sees profits double thanks to higher oil prices

Published on 27/04/2010

British oil company BP saw its profits more than double in the first quarter of 2010, thanks to the rising price of oil: 6.08 billion, up from 2.56b a year earlier. The price of crude oil nearly doubled during the period and the company attributes its strong performance to an improvement in refning process margins ...