BP Q3 results

graeme at 8:14 a.m. Tue 27 Oct 2009

BP’s Q3 results were a little better than expected, and the shares are up 1.8% so far today.

Profits were down, but that was only to be expected on lower oil prices.

With the oil price as uncertain as it is at the moment, an investor’s level of sector exposure is a much more important decision than which oil major to pick, so, the results of one of the biggest London listed companies are, in fact, of limited interest.

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