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BP profits soar in first quarter

FIRST quarter profit for BP rose by US$3.3 billion from the last quarter of 2020 as oil and gas prices rose fast in the first three months of the year.

BP profits soar in first quarter

Its underlying replacement cost profit was $2.6 billion, beating analyst consensus, over the fourth quarter's $115 million and $791 a year ago. It generated $6.2 billion in cash over the quarter...

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