BP, a big oil company, had lower profits this year than last year. Their profits were lower than what people expected. This is because energy prices aren't as high, and people are using less oil.
- BP's profit was $1.17 billion, less than expected.
- This is the lowest profit in four years for BP.
- The price of BP's stock went up a little after some investors bought a part of the company.
Item | Number |
---|---|
BP's profit (in billions) | $1.17 |
Expected profit (in billions) | $1.26 |
Last year's profit (in billions) | $2.99 |