BCN-11 BP Q2 profits surge to $2.8bln on high oil prices

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BCN-11

BRITAIN-ENERGY-EARNINGS-OIL-BUSINESS-BP

BP Q2 profits surge to $2.8bln on high oil prices

LONDON, July 31, 2018 (BSS/AFP) – British oil giant BP said Tuesday that
net profit rocketed to $2.8 billion in the second quarter, energised partly
by high crude prices.

Earnings after taxation in the three months to June compared with a slender
profit of $144 million in the same period of 2017, BP said in a results
statement.

BSS/AFP/MR/ 1210 hrs