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Tuesday, February 2, 2016

Oil Giant BP Slumps To $5.2bn Annual Loss

The loss compares to a profit of $8.1bn (£5.6bn) for 2014. Brent crude has dipped to around $30 a barrel having topped $115 in the summer of 2014.

BP has recently announced thousands of job cuts as a result of the price fall.

BP has recently announced thousands of job cuts as a result of the price fall.

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