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Detail of a BP electric vehicle charging point amid energy demand decline - Global Banking & Finance Review
This image shows a BP electric vehicle charging point in London. It highlights the company's challenges as energy demand plummets due to the coronavirus epidemic, impacting profits significantly.
Business

BP’s profit sinks as epidemic continues to pummel energy demand

Published by linker 5

Posted on February 2, 2021

1 min read
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LONDON (Reuters) – BP’s fourth quarter profit sank to $100 million, missing analysts’ forecasts, pummelled by continued weak energy demand due to the coronavirus epidemic, it said on Tuesday.

(Reporting by Ron Bousso and Shadia Nasralla; Editing by Kirsten Donovan)

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