Javier Blas(@JavierBlas):BIG OIL 3Q EARNINGS: BP reports its highest profit in 18 years on the back of sky-high refining margins. The company reduces debt sharply (nearly $10 billion in a single quarter), and says it plans to use excess cash to accelerate payments linked to the US Gulf of Mexico spill.

Javier Blas

@JavierBlas

Energy and commodities columnist at Bloomberg. Co-author of the 'The World for Sale' Any views expressed are my own. jblas3@bloomberg.net

Joined August 2013

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Javier Blas@JavierBlas

2026.10.30 07:42

BIG OIL 3Q EARNINGS: BP reports its highest profit in 18 years on the back of sky-high refining margins. The company reduces debt sharply (nearly $10 billion in a single quarter), and says it plans to use excess cash to accelerate payments linked to the US Gulf of Mexico spill.