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BP Posts Weaker 1Q Profit, Sees Production Falling in 2Q
Fox Business BP Plc reported a bigger-than-expected profit drop on the back of a fall in production prompted by the need to sell oil fields to pay for the Gulf of Mexico disaster, raising concerns about the oil group's turnaround plan. Europe's second-largest oil … BP First-Quarter Earnings Retreat on Weaker Output, Refining BP quarterly net profit slides 18% on lower output BP profit falls as Gulf spill costs still weigh |
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