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Daily Mirror
Daily Mirror
Business
Emma Munbodh

BP profits DOUBLE to £5billion as energy and petrol prices trigger cost of living crisis

British Petroleum Oil

Oil giant BP's profits have more than doubled in the past year as oil and gas prices soared for households.

The company today reported an underlying profit of $6.2bn (£4.9bn) compared to $2.6bn in the same period last year - its highest for more than a decade.

BP said the increase was due in part to "exceptional oil and gas trading".

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