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BP: World Oil Majors Will Gain Good Profits

BP predicted Tuesday a week of impressive earnings from the world's biggest international oil companies.

BP: World Oil Majors Will Gain Good Profits

BP predicted Tuesday a week of impressive earnings from the world's biggest international oil companies.


The group reported second quarter pro-forma net income of $3.91bn, up 23 per cent from a year ago. It will be followed by earnings announcements from Royal Dutch/Shell and ExxonMobil, on Thursday.
ChevronTexaco reports on Friday, and France's Total will reveal its results next week.
Although BP's results came in just below analysts' forecasts and its shares slipped slightly, the performance was still described as strong by most analysts.

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