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BP profits hit 18-year high as another bank makes billions

Profits at the UK-based oil and gas giant BP have hit an 18-year high, surpassing the level seen during the 2022 energy crisis.

Covered by 2 sources from United Kingdom. First reported by Sky News ·

How 2 newspapers cover this story

  1. Sky NewsUnited KingdomFirst report

    BP profits hit 18-year high as another bank makes billions

    Profits at the UK-based oil and gas giant BP have hit an 18-year high, surpassing the level seen during the 2022 energy crisis.

  2. The GuardianUnited Kingdom

    BP profits hit ‘obscene’ 18-year high as Iran war drives up oil refining margins

    Oil giant comes under fire from climate campaigners, as its earnings reach $8.46bn while ‘innocent civilians suffer’ BP’s quarterly profits have been labelled “obscene” after they hit an 18-year high of $8.46bn (£6.3bn), as the war in the Middle East drove up oil and gas prices. The energy company hailed a “banner…

Coverage details

2 outlets from United Kingdom are covering this story: Sky News and The Guardian. Sky News published it first, on October 30, 2026; the last outlet to join was The Guardian, 9 hours later.

Key names in the coverage: Middle East and Iran.

More news from October 30, 2026 →

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