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Evening Standard
Evening Standard
Business
Jonathan Prynn

BP delivers smallest quarterly profit since the pandemic amid shareholder unrest

British Petroleum Pandemic Oil
The oil major’s share price has lagged behind some of its global rivals in recent years (Owen Humphreys/PA) - (PA Archive)

BP’s profits fell in the third quarter of the year amid growing pressure from investors to boost returns to shareholders.

The British oil and gas supermajor’s underlying quarterly profits dropped by 18% to $2.27 billion (£1.75 billion) from $2.76 billion in the three months to September.

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