A global slowdown in the demand for fuel has hit BP's refining business. The oil major said it expects a slump in refining ...

BP (BP) issues warnings about weakening oil refining and production margins for its third quarter, a period where crude oil ...

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British energy giant BP warned Friday that its third-quarter profits are set to be hit by weak oil sales and refining margins, amid stalling global crude demand.

Shares in mainland China tumbled as U.S. inflation data clouded hopes for another Fed rate cut and traders awaited Beijing's ...

BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...

BP expects lower profits in Q3 due to weak refining margins, a weak oil trading result, and higher exploration write-offs.

Shell ( SHEL) and Exxon Mobil ( XOM) have also warned of lower profitability amid a slide in oil product trading and oil ...

BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits ...

BP anticipates that its net debt at the end of the third quarter will be higher, primarily due to weaker refining margins and ...