BP Unveils $3.1 Bn Quarterly Profit As Oil Recovers

Umer Jamshaid Published August 03, 2021 | 11:30 AM

BP unveils $3.1 bn quarterly profit as oil recovers

London, Aug 3 (UrduPoint / Pakistan Point News - 3rd Aug, 2021 ) :BP returned to profit in the second quarter, the British energy giant announced Tuesday, having posted a hefty loss one year earlier as the pandemic crushed oil prices.

Net profit for April-June hit $3.1 billion (2.6 billion Euros). That compared with a loss after tax of $16.8 billion in the second quarter of 2020.

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