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BP profits surge as oil major leaves downturn behind - Reuters
Reuters | BP profits surge as oil major leaves downturn behind Reuters BP would generate profits in 2018 at an oil price of $50 a barrel, Chief Financial Officer Brian Gilvary told Reuters, as years of spending cuts kicked in and as it slowly shakes off a $65 billion bill for penalties and clean-up costs of the 2010 spill ... BP profits double on higher oil price BP profits quadruple on higher oil prices and new projects Oil giant BP sees annual profits soar to £4.4bn |
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