BP banks £1m an hour

Oil giant BP today reported a profits bonanza that saw it bank nearly £1m (€1.4m) an hour on the back of record fuel prices.

Tue, 26 Oct, 2004 - 19:13

Oil giant BP today reported a profits bonanza that saw it bank nearly £1m (€1.4m) an hour on the back of record fuel prices.

BP was also helped by an upswing in refining margins as its profits climbed to $3.94bn (£2.1bn/€3bn) during the three months to September 30.

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