BP slides into quarterly loss as low oil prices bite
BP Goes Back to Basics
London - Arab Today
BP fell into a hefty loss during the first quarter, hit by low crude prices and costs related to the 2010 Gulf of Mexico oil spill, the British energy giant said Tuesday.
BP announced a net loss of $583 million for the first three months of the year, which compared with a profit after tax of $2.6 billion during the first quarter of 2015.
Source :AFP
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All rights reserved to Arab Today Media Group 2023 ©
