This is a news story, published by CNBC, that relates primarily to BP news.
For more energy & natural resources news, you can click here:
more energy & natural resources newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like energy & natural resources news, you might also like this article about
industry profits. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest weakest quarterly earnings news, BP spokesperson news, energy & natural resources news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
underlying replacement cost profitCNBC
•
76% Informative
BP posted underlying replacement cost profit, used as a proxy for net profit, of $2.3 billion for the July-September period.
The firm's third-quarter results were the weakest since the fourth quarter of 2020 , when industry profits cratered during the coronavirus pandemic.
Oil prices fell by more than 17% in the third quarter amid concerns about the outlook for global oil demand.
VR Score
86
Informative language
91
Neutral language
47
Article tone
informal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links