Feb. 02, 2021

'A tough quarter at the end of a tough year': BP plunges to $5.7bn loss in 2020

Article by Rob Watts, Upstream

UK supermajor says lower prices, writedowns, reduced margins and waning demand hurt annual results BP sank to a $5.7 billion loss last year — its first in a decade — as lower oil demand caused by the coronavirus pandemic weighed heavily on the UK…

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