The Zhitong Finance App learned that British Petroleum (BP.US) said in a statement on Tuesday that after the energy trading and refining business reaped huge profits in the third quarter, the company's net debt reached its 2027 target ahead of schedule. BP said that net debt at the end of the third quarter was about US$13.5 billion to US$14.5 billion, below the target range of US$14 billion to US$18 billion set by the company for the end of 2027. The company said the results were boosted by strong performance in oil and gas trading and refining operations.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.