bp slides into quarterly loss as low oil prices bite
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

BP slides into quarterly loss as low oil prices bite

Arab Today, arab today

Arab Today, arab today 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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