BP reports soaring profits in 'obscene' sector haul amid oil price crisis

Business

• Source: Evening Standard
• Category: • BP has revealed profits nearly quadrupled in the third quarter, becoming the latest oil giant criticised for raking in what campaigners call "obscene" profits. • The haul comes on soaring crude prices caused by the Iran war, with rivals including Shell also reporting bumper earnings this week. • The results have renewed pressure on the government over windfall taxes on energy companies.
• Published: 30 Oct 2026