BP's Q4 Profit Drops 61%
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quarter profitReuters
•Business
Business & Economics
BP's quarterly earnings at four-year low as weak margins dent refining business

81% Informative
BP 's fourth-quarter profit fell to $1.17 billion on Tuesday , marking the lowest earnings for the oil major in four years .
The 61% drop in quarterly profit from last year has heightened investor hopes for board changes and strategic shifts to boost returns.
BP 's results were the weakest since the fourth quarter of 2020 , when profits plummeted during the pandemic.
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