# BP says its trading arm had an ‘exceptional’ past three months.

*business · news · 2026-04-14 · The Mirror*

## Key points

- BP's trading arm had an 'exceptional' first quarter due to Middle East conflict volatility.
- BP's market value surged to over £90 billion since the US-Israel war on Iran began in February.
- Analysts at Citi raised BP's profit forecast by 20%, estimating £1.9 billion for the quarter.
- BP's new CEO Meg O’Neill plans to shift spending from low-carbon projects back to oil and gas.

**Companies:** BP
**Countries:** United Kingdom, United States, Iran

[Read the full story on The Mirror](https://www.mirror.co.uk/money/bp-hails-exceptional-boost-iran-37010007)

---

Canonical: https://newsio.io/n/6bb0ee85-f341-47a8-890f-d72e09037c44/bp-says-its-trading-arm-had-an-exceptional-past-three-months-oil-prices-have-sur
Summarized by Newsio from The Mirror. https://newsio.io/how-it-works