Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: BP profits top £7 billion, house prices fall, Ocado shares soar 33%

British Petroleum Oil United States

BP is the latest oil major to report huge profits after revealing a quarterly surplus of $8.2 billion (£7.1 billion), driven by a surge in prices.

Shell and US-listed ExxonMobil and Chevron have already announced bumper profits, leading to calls for additional windfall taxes.

Stock markets, meanwhile, are starting the new month focused on tomorrow’s interest rates decision by the US Federal Reserve and the Bank of England on Thursday. Last night, the Dow Jones Industrial Average posted its best month since 1976 after a 14% rise.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Worried about the health effects of the sugar in your breakfast cereal? Little has changed since the days of ‘Unfrosted,’ the Pop-Tarts movie
While Jerry Seinfeld, Melissa McCarthy, Amy Schumer and Hugh Grant got top billing, sweet breakfast foods from the 1960s are arguably the real stars of the recent movie “Unfrosted,” a comedy loosely based on the invention of Pop-Tarts.
The Conversation
The Conversation
Retaining flavor while removing caffeine − a chemist explains the chemistry behind decaf coffee
For many people, the aroma of freshly brewed coffee is the start of a great day. But caffeine can cause headaches and jitters in others. That’s why many people reach for a decaffeinated cup instead.
The Conversation
The Conversation
Steak is off the menu for Argentinians as the country’s austerity policies bite
“Was the steak and wine as good as I’ve heard?” Undeniably the most common question I’m asked when I return from Argentina. And while my answer is – obviously – yes, the question is asked with good reason. The association with beef and steakhouses (parrillas in Spanish) and world-class malbecs…
The Conversation
The Conversation
“Ay, Geezer! Let’s play Villa Park!” Watch Black Sabbath’s Ozzy Osbourne and Geezer Butler star in trailer for beloved Birmingham football club Aston Villa’s new home kit
The hard-rocking Brummie icons help their hometown club reveal their 2024 home kit
Metal Hammer
Metal Hammer
History buff finds part of George Washington's Revolutionary War tent at Goodwill
Fabric scrap could be worth tens of thousands of dollars.
Fortune
Fortune
‘It’s the best job! But it will kill you’: four restaurant critics on the battle to stay healthy
Last week, the New York Times’s restaurant critic left his job after a worrying medical checkup. How do others keep going?
The Guardian - UK
The Guardian - UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play