Oil Majors BP
- Nam Y. Huh - AP
- Updated
FILE - A gas price is displayed as a customer holds a fuel pump nozzle before filling up her vehicle's gas tank at a gas station, in Lincolnshire, Ill., Wednesday, April 15, 2026.
Nam Y. Huh - APAs featured on
BP’s profit more than doubled in the first quarter as the war in Iran drove energy prices sh…
The U.S stock market motored to more records as profits keep piling up for big businesses. The S&P 500 rallied 1% Thursday and topped its prior all-time high to finish its best month in more than five years. The Dow Jones Industrial Average jumped 1.6%, and the Nasdaq composite climbed 0.9% to its own record. Alphabet led the way after the owner of Google and YouTube reported profit for the start of 2026 that blew past analysts’ expectations. The gains came after the latest whipsaw moves for oil prices, which surged toward their highest levels since the war with Iran began only to quickly regress.
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