BP profits leap by 71% as oil prices rebound
by Adam Vaughan from Environment | The Guardian on (#3P3R4)
British energy giant also boosted by rising levels of oil and gas production
BP's profits jumped 71% during the first three months of the year, in the latest sign that the British oil company is back on the path to growth.
The continued increase in crude and gas prices combined with a 6% rise in production to push profit up to $2.6bn (1.9bn), the firm's highest since 2014.
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