BP's profits exceed even the most optimistic forecasts

The British oil company has gained momentum in the first quarter of the year, delivering profits far above expectations.

Photo: BP

British oil company BP has delivered an adjusted profit and adjusted EBIT far above expectations from even the most optimistic analysts offering estimates to Bloomberg News.

On the bottom line, BP booked a USD 2.59 billion adjusted profit. According to Bloomberg News, analysts had expected a USD 2.12 billion profit with estimates ranging from USD 1.9 and USD 2.32 billion.

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