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BBCNEWS World Business Report February 8, 2022 05:33:00

Much money its made in the last quarter and this time it s expected to announce bumper profits. this comes as many people across the uk struggle with rising energy prices, as elsewhere. but with oil prices expected to hit 100 dollars a barrel soon, for bp and its rivals, they are money making machines. in fact chief executive bernard looney has described the firm as a cash machine . joining me now is nitesh shah, head of commodities and macroeconomic research, at wisdomtree. how much money has been made in the last quarter? im’ith how much money has been made in the last quarter? the last quarter? with a bumper oil rices the last quarter? with a bumper oil prices markets the last quarter? with a bumper oil prices markets expect - oil prices markets expect earnings of around 4 billion in the fourth quarter, up from 3.32 billion in the third quarter of last year and ....

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BBCNEWS BBC News August 3, 2021 05:31:00

It s a busy time for earnings and the oil giant bp will be revealing its latest results in half an hour. oil prices hit their highest level in almost two years during the second quarter and refining margins have also improved significantly, so analysts are expecting solid profits this time from bp. but they will also be listening out for more news on bp s transformation from a company that makes vast amounts of money from fossil fuels to an integrated energy company, focusing on low carbon energy. bp has committed to becoming a net zero company by 2050. nitesh shah is director of research at wisdomtree. he told me he expects excellent numbers from bp yes, i think strong oil prices have risen more than 70% in the past year. natural gas prices in europe are at all time highs. that has been very kind to bp ....

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BBCNEWS World Business Report August 3, 2021 04:31:00

If you have just joined if you havejustjoined us, you are in time for the type business stories. it s a busy time for earnings and the oil giant bp will be revealing it s latest results in an hour and a half. oil prices hit their highest level in almost two years during the second quarter and refining margins have also improved significantly, so analysts are expecting solid profits this time from bp. but they will also be listening out for more news on bp s transformation from a company that makes vast amounts of money from fossil fuels to an integrated energy company focusing on low carbon energy. bp has committed to becoming a net zero company by 2050. joining me now is nitesh shah, director, research, wisdomtree. always good to see you. first of all, how much money do you think bp has made in the last ....

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