{"id":285291,"date":"2019-07-31T05:44:15","date_gmt":"2019-07-31T05:44:15","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=285291"},"modified":"2019-07-31T05:44:15","modified_gmt":"2019-07-31T05:44:15","slug":"bp-says-quarterly-profit-sinks-on-lower-oil-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bp-says-quarterly-profit-sinks-on-lower-oil-prices\/","title":{"rendered":"BP says quarterly profit sinks on lower oil prices"},"content":{"rendered":"<p>LONDON: BP&#8217;s profits slumped by 35 percent in the second quarter on the back of sliding crude oil prices, the British energy major said on Tuesday. <\/p>\n<p>Profits after taxation tanked to $1.8 billion (1.6 billion euros) in the three months to the end of June from $2.8 billion a year earlier, BP said in a results statement, adding that this partly &#8220;reflects lower oil prices&#8221;. <\/p>\n<p>Weaker crude prices translate into falling profits and revenues for the energy sector. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: BP&#8217;s profits slumped by 35 percent in the second quarter on the back of sliding crude oil prices, the British energy major said on Tuesday. Profits after taxation tanked to $1.8 billion (1.6 billion euros) in the three months to the end of June from $2.8 billion a year earlier, BP said in a results statement, adding that this partly &#8220;reflects lower oil prices&#8221;. Weaker crude prices translate into falling profits and revenues for the energy sector.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-285291","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=285291"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285291\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=285291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=285291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=285291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}