Telegraph.co.uk | BP back in the black as oil prices stabilise Telegraph.co.uk BP returned to profit in the second quarter, the British energy giant said on Tuesday, helped by firmer oil prices and lower charges linked to the Gulf of Mexico spill disaster. Net profit stood at $144m (£109m) in the three months to June 30 compared ... BP profits hit by Angola write-off, CEO says it's preparing for 'new oil price environment' |