UK oil company more than doubles profit even
Posted on: May 3, 2022 at 08:32:08 CT
JayHoaxH8r
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after a 24 billion dollar write off
Guess inflation doesn't suck for oil companies.
"BP took a hit of more than $24 billion from ditching its business in Russia but reported a huge jump in profit for the first quarter.
The UK-based energy giant said Tuesday that its underlying profit soared to $6.2 billion from $2.6 billion in the same period last year, boosted by “exceptional oil and gas trading” conditions."