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Archive Home > 2009 > October > 28 > BP profit down 34%, but tops forecasts

BP profit down 34%, but tops forecasts


October 28, 2009

LONDON — BP PLC, Europe’s second-largest oil company, reported higher than expected profits in the third quarter though earnings were depressed by the sharp fall in oil and gas prices in the past year.

BP posted a third-quarter profit of $5.3 billion, 34 percent below the year ago figure of $8....

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