India's Bharat Petroleum Corp (BPCL) reported a slump in second-quarter profit on Friday, weighed down by lower marketing margins. The state-owned company's standalone net profit fell ...
State-owned Hindustan Petroleum Corporation Ltd (BPCL) on Friday reported a massive 97.5 per cent drop in net profit in the September quarter, as refinery margins fell and marketing margins shrunk.
The weaker oil price also hit third-quarter net profit, which slumped 73% on year to 522 million euros. Earlier this week, Eni's Norwegian peer Equinor missed forecasts to its key profit measure, also ...