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BP raises dividend after oil prices rise

BP raises dividend after oil prices rise

Aleksander Kalka / Zuma Press / Avalon Oil giant BP has embarked on a $1.4 billion share buyback and raised its dividend as it was boosted by the rising oil price. The company has reported better-than-expected second quarter underlying profits — on the industry’s preferred replacement cost basis — of $2.79 billion. BP...

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Aleksander Kalka Avalon BP Bernard Looney Zuma Press

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