BP's Refining Business Had a 'Banner Quarter,' CEO Says

Bloomberg Markets30 October 2026, 07:44 UTCUnited Kingdom

BP 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. "When we look forward into the fourth quarter, the margins are softening a bit," O’Neill tells Bloomberg Television. (Source: Bloomberg)

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