Tuesday, February 2, 2010

Big Oil News: BP Swings to a Profit, Exxon Upgraded

BP (BP) said it swung to a profit for the fourth quarter, as crude oil prices crept higher and the company cut costs. Earnings totaled $4.3 billion for the British oil giant, as compared to a loss of $3.34 billion in the same quarter of 2008.


OIL & GAS MARKET