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01 Apr 2020 | 09:05

BP warns on Q1 profits as it writes down $1bn

(Sharecast News) - Oil giant BP said BP it would write down around $1bn in the first quarter on weaker prices as it warned on a profit hit from growing decline in demand for fuels, jet fuel and lubricants as countries implemented significant measures to address the Covid-19 pandemic. ---- more follows ----
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