RE: Will BP up the share buy backs next week?30 Apr 2023 21:20
Expect more screams of "slap them with a windfall tax" from the outraged and save the planet crowd.
BP and Shell set to reveal more bumper profits
Oil giant BP is expected to report its second-highest first-quarter profit in more than a decade on Tuesday.
Analysts expect it to report that underlying replacement cost profit – the way the company prefers to measure its earnings – reached $4.27bn (£3.4bn) in the first three months of the year.
Shell, which reports on Thursday, is expected to show adjusted earnings of $7.965bn (£6.341bn).