BP p.l.c. (LON:BP) said in its third-quarter 2025 trading statement that it anticipates higher upstream production and stronger refining margins compared with the prior quarter, while warning of weak oil trading results and modest asset impairments. BP’s reported upstream production for Q3 2025 is expected to rise from Q2, driven by stronger gas output from its U.S. bpx energy unit and improved performance in gas and low-carbon energy operations. Refining margins have strengthened by an estimated $0.3–$0. ...