The Latest Breaking News from British Petroleum

In today’s newsletter: Nimo Omer breaks down BP’s enormous profits, and why some are calling for a windfall tax amid a cost of living crisis nationwide

The chief executive, who grew up on a dairy farm in County Kerry in Ireland and was the first in his family to go to University, insists he understands how many households were “really, really struggling”.

Record View says the Conservatives, who had already given us a decade of austerity, are ready to double down on poverty in post-pandemic Britain.

Concerns for abortion access in the US stemming from a leaked Supreme Court report are among today’s front page stories.

Oil giant BP is celebrating its £5billion profit - its biggest quarterly boost for more than a decade. Meanwhile, Brits are struggling with the cost of living crisis but Boris Johnson is not helping

Neither would it make the energy crisis go away, but after a while it becomes hard to resist

The stock market gained as investors await the outcome of the Fed's two-day meeting and digest a report signaling a tight labor market.

Gainers SoundHound AI, Inc. (NASDAQ: SOUN) shares jumped 47.4% to $16.13. The company recently completed a SPAC merger deal last week and began trading on Thursday.

Downing Street has denied there is a rift between Prime Minister Boris Johnson and Chancellor Rishi Sunak over tax oil and gas giants

BP plc’s (NYSE:BP) profits more than doubled to $6.2 billion in Q1, helped by soaring oil and gas prices, despite posting a massive loss after offloading its nearly 20% stake in a Russian-controlled oil company Rosneft (OTC: RNFTF). The company reported Q1 adjusted EPS of $1.92, more than double from $0.78 posted a year ago…

  BP (NYSE:BP) reported its Q1 earnings results on Tuesday, May 3, 2022 at 03:00 AM. Here's what investors need to know about the announcement. Earnings BP beat estimated earnings by 44.36%, reporting an EPS of $1.92 versus an estimate of $1.33.