BP Plc said first quarter loss slid to $485 million as slumping oil prices greatly impacted their operations.
Adjusted profit was $532 million from $2.58 billion from the previous year. Loss amounted to $56.4 billion, taking a $917 million cost over the 2010 Gulf of Mexico oil spill.
Its refining and trading unit posted $1.8 billion profit, while oil and gas operations wiped out $747 million.
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