BP profit on target as cash flow grows despite lower prices
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BP boosted cash flow and hit the target on profit estimates in the first quarter as rising oil and gas production and strong trading results offset the effect of lower prices. The company’s performance brightens a mixed picture for Big Oil earnings. Subscribe to Fin24's newsletter here While the industry has moved beyond the worst downturn in a generation it’s still enduring volatile markets, with a sharp slump in crude…
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