ALB Limited 10.01.2023

High Profit Margins From Oil Companies



BP

With a 1-year increase, it is above the one-year average with its closing price of 480USD. Since oil companies saw very high profit margins during 2022, most of them were asked to be taxed, but no result could be reached. Uncertainties in prices during the Ukraine-Russia war led to upward movements in oil prices.

Tags: BP, Stocks

RISK PROBABILITY: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.40% of retail investor accounts lose money when trading CFDs with ALB Limited. These products may not be suitable for all investors. Please make sure that you fully understand the risks involved and seek independent advice if necessary. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The value of your investment may go down as well as up.

NEGATIVE BALANCE PROTECTION: Please see your rights here as a retail client.