May 2, 2018
Source: World Oil

BP profit beats estimates despite debt

Even as the continuing burden of oil-spill payments pushed debt higher, BP reported the highest profit in years. The effects of two life altering events can be felt- BP is still paying its way through the fatal Deepwater Horizon catastrophe in 2010 and yet some benefits are beng observed from rising oil prices after a three-year industry downturn.

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