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Anger as BP profits triple to $8.5bn amid soaring household energy bills

Renewed calls for windfall tax as energy firms make ‘eye-watering’ sums as families struggle to afford bills

Thomas Kingsley
Tuesday 02 August 2022 17:03 BST
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BP joined the likes of Shell and Centrica in announcing record profits
BP joined the likes of Shell and Centrica in announcing record profits (EPA)

BP’s profit tripled to $8.5bn (£7bn) in the last quarter - a 14-year high - as families struggled to afford soaring household energy bills.

The oil giant on Tuesday announced the profits across April-June, up from $2.8bn in the second quarter of 2021 and even higher than the profit of $6.2bn it made in Q1, which was the highest for 10 years.

So far this year, BP has raked in $14.7bn - almost triple the $5.4bn in the first half of 2021

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