Tuesday, October 28, 2008

BP profits soar

Oil giant BP has reaped the benefits of this summer's record oil prices, smashing all forecasts with a 148% rise in third-quarter profits.The shares rose 24.25p to 461.5p today, a gain of 5.55%.BP, Europe's second-biggest oil producer behind Royal Dutch Shell, posted replacement cost profits of $10bn (£6bn) for the quarter from July to September, up from $4bn a year earlier.

2 comments:

Ivana said...

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Syaiful Safril said...

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Happy blogging n Happy week end