BP and Shell are expected to post lower profits this week as the supermajors grapple with weak oil prices and a global slowdown in demand. BP is due to publish its third-quarter earnings on Tuesday, while Shell will report its results on Thursday. Earlier this month, the FTSE 100 firms warned of falling profit margins at their oil refining businesses – major parts of their income streams.
The slump in margins came amid a broader faltering in demand for oil across consumer and industrial sectors, with brent crude prices staying broadly flat…BP and Shell Brace for Profit Drop
Понравилась статья? Подпишитесь на канал, чтобы быть в курсе самых интересных материалов
Подписаться