BP reported underlying replacement cost profit of $8.46bn for the three months to the end of September, almost four times the $2.2bn of a year earlier and its highest quarterly figure in 18 years, as the Middle East war drove up oil and gas prices and refining margins. The Guardian
the GuardianBP profits hit ‘obscene’ 18-year high as Iran war drives up oil refining marginsOil giant comes under fire from climate campaigners, as its earnings reach $8.46bn while ‘innocent civilians suffer’
With UK diesel at 198.79p a litre by RAC estimates, how should windfall profits like these be treated when fuel prices are this high?
