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    Home » Oil giant BP reports huge rise in global profits – BBC News
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    Oil giant BP reports huge rise in global profits – BBC News

    morshediBy morshediJuly 3, 2025No Comments1 Min Read
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    Oil giant BP reports huge rise in global profits – BBC News
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    Oil large BP has reported an enormous rise in world earnings, which has sparked requires a much bigger windfall tax.

    BP made $8.2bn (£7.1bn) between July and September, greater than double its revenue for a similar interval final yr.

    Surging oil and fuel costs have led to massive good points for vitality corporations however are additionally fuelling an increase in the price of residing.

    On Monday, US President Joe Biden urged main US oil corporations to cease “struggle profiteering”, threatening to hit them with greater taxes if they don’t improve manufacturing which might assist decrease costs.

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