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28/04/2026
Spot gold fell below $4660 per ounce, dropping 0.61% within the day.
Latest
1 m ago
Two departments: By the end of 2026, a virtuous cycle of "data-model-scenario application" will be basically formed to promote high-level empowerment of artificial intelligence in new industrialization.
1 m ago
Spot silver fell below $73 per ounce, dropping 3.33% in the day.
2 m ago
Benefiting from soaring oil prices, British Petroleum's first-quarter profit doubled.
3 m ago
Daiwa Securities: The Bank of Japan's move to maintain a slightly tight monetary policy stance has paved the way for a rate hike in June.
3 m ago
British Petroleum (BP.N) stated that its oil trading business profit soared due to the Iran war, leading to a significant increase in energy prices and a substantial growth in profits in the first quarter. In its financial report, BP stated that adjusted net profit more than doubled year-on-year to $3.2 billion, with a notable increase in the net debt indicator of about 14%. The company had previously forecasted its oil trading performance to be "exceptionally strong," benefiting from the rise in oil prices, while also avoiding the significant production cuts that some competitors faced due to its relatively small asset size in the Middle East. The profit growth has provided a boost for new CEO Meg O'Neill, who is tasked with reducing debt, streamlining the company structure, and exiting unsuccessful low-carbon investment projects. BP stated that the strong production performance of its assets in the Gulf of Mexico and U.S. shale oil offset the disruptions in the Middle East.
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