Results are ‘obscene’, say unions, after soaring oil and gas prices help company to beat forecasts
BP’s profits more than doubled to $6.2bn (£5bn) in the first three months of the year, the highest quarterly profit in more than a decade, helped by soaring oil and gas prices.
Analysts had expected a figure of $4.5bn and the higher profit has renewed calls by campaigners for a windfall tax on oil and gas companies.
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