Macro Finance
BP Profit Hits 18-Year High as Oil Refining Margins Surge
Bloomberg Markets·October 30, 2026·1 min read
BP Plc said profit surged to the highest in 18 years as soaring refining margins boosted earnings, giving Chief Executive Officer Meg O’Neill a powerful tailwind as she seeks to turn around the beleaguered British energy major. The results underscore the strength of the refining sector amid tight supply and robust demand.
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