By Ron Bousso and Shadia Nasralla
LONDON, Oct 27 (Reuters) - BP swung to a small profit in the third quarter, beating forecasts, helped by stronger oil prices while a slow recovery in fuel demand weighed heavily on refining profits.
The $100 million profit in the three months to September 30 beat analysts' expectation of a loss of $120 million. It followed a record $6.7 billion loss in the previous quarter.
The results were weighed by "a significantly lower oil trading result," BP said in a statement on Tuesday.
Oil majors' dividend yieldhttps://tmsnrt.rs/3oBpvIH
BP's market valuehttps://tmsnrt.rs/2G0fkM2
(Reporting by Ron Bousso and Shadia Nasralla; editing by Jason Neely)
((Shadia.Nasralla@thomsonreuters.com; +44 207 542 5083; +44 778 99 43141; Reuters Messaging: Reuters Messaging: firstname.lastname@example.org))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.