BBC News | Low oil price pushes BP to $485m loss BBC News BP has sunk to a $485m (£334m) loss for the three months to March as low oil prices took their toll. The loss, on the replacement cost measure, compared with a $2.1bn profit for the same period last year, but was lower than the $2.2bn loss for the ... BP CEO: The oil market will 'balance by the end of the year' BP Sees Q1 Earnings Slide as Low Oil Prices Take Their Toll BP squeezed by oil price slump |