General · 28 April 2026

BP profits more than double as Middle East war boosts oil

BP delivered a strong first quarter as new CEO Meg O'Neill unveiled her first results. Underlying earnings of $3.2 billion more than doubled the $1.38 billion posted in the same period last year, beating analyst forecasts of around $2.7 billion. The surge was largely driven by oil traders capitalising on crude price spikes linked to Middle East conflict.

By BriefTea Editorial · 28 April 2026 at 19:18

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