'A tough quarter at the end of a tough year': BP plunges to $5.7bn loss in 2020

UK supermajor says lower prices, writedowns, reduced margins and waning demand hurt annual results

Tough year: BP chief executive Bernard Looney — Tough year: BP chief executive Bernard LooneyPhoto: REUTERS/SCANPIX

Rob Watts

London

BP Bernard Looney UK Europe Western Europe

Published 2 February 2021, 07:14Updated 2 February 2021, 15:20