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3Q BP profit declines $400-$600m due to weak refining margins, sluggish oil trading, global demand downturn, and economic slowdowns in China.
BP anticipates a third-quarter profit decline of $400 million to $600 million due to weak refining margins and sluggish oil trading, influenced by a global demand downturn and economic slowdowns in major markets like China.
The company also expects its oil production operations to face a loss of $100 million to $300 million from lower prices.
BP's net debt is projected to rise, partly due to these factors and divestment proceeds.
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Los beneficios de la BP 3Q disminuyen entre 400 y 600 millones de dólares debido a los débiles márgenes de refino, el lento comercio de petróleo, la caída de la demanda mundial y las ralentizaciones económicas en China.