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EconomyBP sees refining margins triple, hits debt target but flags further impairments

BP estimated on Tuesday that third-quarter refining margins tripled from a year earlier as the Iran war boosted oil majors’ profits. It also flagged $3 billion to $4.5 billion in impairments tied to its gas and low-carbon energy segment.

BPrefining marginsimpairmentsoil industry

RReuters★★★☆☆2026-10-13 09:50Original

BP sees refining margins triple, hits debt target but flags further impairments
BP sees refining margins triple, hits debt target but flags further impairmentsEconomy