BP third-quarter profit nearly quadruples to $8.5 billion on refining margins

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BP's third-quarter profit nearly quadrupled to $8.5 billion as refining margins surged, CNBC Top News reported on October 30, 2026. The oil major beat profit expectations as global conflicts continued to drive energy market volatility. The sources do not give a breakdown of the results by segment.

Sources:CNBC Top News

1 outlet · 2 articles · first seen Oct 30, 6:02 AM ET

What this touches in markets

Stored closes for the instruments tied to this story's tags and places, with their dates.

BP closed at 50.35, up 1.12%, on 2026-10-29. Listed for: ticker the story is tagged with.
XLE closed at 68.71, up 0.38%, on 2026-10-29. Listed for: Energy sector ETF.

Every source article

Chevron and Exxon beat earnings expectations as refining profits soar on high diesel fuel prices CNBC Top News
BP’s third-quarter profit nearly quadruples to $8.5 billion as refining margins surge CNBC Top News