Page 6 - Joseph Evans News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oil and natural gas giant BP beat expectations on Tuesday with earnings of $3 billion in the last three months of 2023, bringing last year's total to half its record 2022 profit as energy prices have fallen since spiking after Russia's invasion of Ukraine. It brought in $13.8 billion for all of last year, a huge drop from the $27.7 billion it earned in 2022, when Russia's war in Ukraine sent oil and natural gas prices surging. Energy prices have since fallen as a weak global economy holds back demand for fossil fuels to power cars, planes, factories and more.

City ofUnited kingdomBernard looneyJoseph evansMurray auchinclossInstitute for public policy researchPublic policyEnergy pricesNatural gas pricesNvasion of ukraineEarnings reportMurray auchincloss