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BREAKING: BP Records $4.4bn Quarterly Loss As Oil Prices Crash - Business - Nairaland

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BREAKING: BP Records $4.4bn Quarterly Loss As Oil Prices Crash by ogododo: 8:42am On Apr 28, 2020
BP on Tuesday said it slumped into a $4.4-billion net loss in the first quarter as the coronavirus pandemic crushed demand for oil.

“The economic impact of the COVID-19 pandemic coupled with pre-existing supply and demand factors have resulted in an exceptionally challenged commodity environment,” the British energy giant said in a statement, having reported profit after tax of $2.9 billion in the first-quarter of 2019.

Details soon

https://punchng.com/breaking-bp-records-4-4bn-quarterly-loss-as-oil-prices-crash/
Re: BREAKING: BP Records $4.4bn Quarterly Loss As Oil Prices Crash by ogododo: 8:47am On Apr 28, 2020
BP don cast, don enter Red.
Dominique
Re: BREAKING: BP Records $4.4bn Quarterly Loss As Oil Prices Crash by Aidejay(m): 8:51am On Apr 28, 2020
Now the oil industry is in distress.
What pains me more is that despite over 2 decades of oil boom, Nigeria still has to borrow from IMF.
Re: BREAKING: BP Records $4.4bn Quarterly Loss As Oil Prices Crash by ogododo: 10:27am On Apr 28, 2020
Aidejay:
Now the oil industry is in distress.
What pains me more is that despite over 2 decades of oil boom, Nigeria still has to borrow from IMF.

Na so oyel companies comot for Warri

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