BP First-Quarter Profit Declines on Lower Crude Prices, Output

BP First-Quarter Profit Declines on Lower Crude Prices, Output

Chris Ratcliffe/Bloomberg

An illuminated sign stands on the forecourt of a BP gas station, operated by BP Plc, in Upminster, U.K. BP said in February that underlying oil and gas production, stripping out the impact of divestments, should increase this year after little change in 2012.