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The Independent UK
The Independent UK
National
Craig Paton

Almost £7 billion in profits ‘obscene’ as bills soar, BP told

PA Wire

The almost £7 billion in profit made by oil giant BP in the second quarter of this year have been described as “obscene”.

On Tuesday the company announced underlying replacement cost profits – its preferred measure – jumped to a far better-than-expected 8.5 billion US dollars (£6.9 billion) for the three months to June 30.

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