
BP Profit Doubles to $5.7 Billion Amid Rising Oil Prices
BP has reported a significant increase in its profits, doubling to $5.7 billion, marking its highest since 2022. This surge is attributed to rising oil prices, partly influenced by geopolitical tensions.
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BP's $5.7bn profit highest since 2022 as Iran war pushes up oil price
Higher oil prices boost the energy giant's results while environmental groups accuse it of profiteering.
Read full article →BP profit doubles to $5.7bn as war between US and Iran drives up oil prices
The five majors, BP, Shell, ExxonMobil, Chevron and TotalEnergies, together made about $46bn between April and June
By Stuti Mishra
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