A BP logo at a petrol station in Tonbridge
(Picture: AFP via Getty Images)BP is facing renewed calls to divert some of its profits to help ease the cost of living crisis after the oil giant announced underlying profits of $6.2illion (£4.94m) - its highest quarterly earnings in over 10 years.
Despte the company announcing a $25 billion hit from its decision to exit Russia, pushing the oil giant to a quarterly loss of $20.3 billion (£16.2 billion), the firm’s underlying performance sparked fresh demands for a one off windfall tax.
