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BP expects to have booked an "exceptional" oil trading result for the first quarter of 2026.
BP expects an exceptional oil trading result for Q1 2026 due to Middle East volatility.
KEY POINTS
- BP's Q1 2026 trading profits will be much stronger than its weak Q4 2025 results.
- BP warns that market volatility is increasing the gap between marker and realized prices.
- Stronger refining margins could boost BP's Q1 earnings by up to $200 million.
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