New York Times | BP Reports Sharply Lower Profit Because of Depressed Oil Prices New York Times LONDON — BP, the London-based oil company, said on Tuesday that its profit was down sharply in the third quarter as depressed oil prices took a heavy toll. The company said its profit in the quarter was $46 million, compared with $1.3 billion a year ... BP shrinks further to weather extended oil slump BP Profit Falls on Weaker Oil Prices BP profits hit by lower oil and gas prices |