BP annual profits slide 16% to £5.5bn on weaker oil prices
BP has reported a 16% drop in annual profits following the slump in wholesale oil prices towards the end of 2025.
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Chancellor Rachel Reeves has warned petrol retailers of a "shared obligation" to keep prices down for motorists amid soaring prices and war in the Middle East.
More...13-03-2026, 10:24 PM -
Higher prices could last for more than eight months after the Iran war ends, the prime minister's right-hand man has said as ministers step up efforts to offset potential impacts to food and fuel supplies....26-04-2026, 02:21 PM -
Supermarkets are "taking the mickey out" of shoppers over their olive oil prices, the boss of Filippo Berio has told the Money blog.
More...15-04-2026, 01:28 PM