BP's Q2 Results to Be Hit by Low Prices Despite Higher Production
Key Takeaways BP expects the Q2 upstream production to surpass its prior guidance and the Q1 output level. Lower crude prices are likely to hurt BP's Q2 earnings by 300-$500M in Q2.BP plc (BP) expects higher oil and gas production for the second quarter of 2025 following its renewed approach to fossil fuels to increase profits, per Reuters.The company expects upstream production for the April to June period to exceed its ...