A generally volatile market has led to slightly depressed numbers for most of the oil majors at the start of the year, but their CEOs are confident of being able to manage the volatility.
BP's highest quarterly results for more than five years demonstrates the trend of increased profits and revenue for oil majors.
Financial figures are more positive for Q2 and the first half of the year overall
Rising commodity prices and US tax reforms boosted 2017 Q4 and annual results for the oil producers.
Almost all oil majors are reporting increased sales and profits.
Oil majors have reported a significant improvement in earnings and profit.
BP and Fuchs are bucking the downwards trend for the fourth quarter 2016.
Shell has reported a large increase in CCS earnings amidst mainly poorer figures.
Independent, Fuchs, was the only ray of sunshine for 2016 Q1 figures, with all the majors reporting either a loss or a drop in earnings.
Low oil prices continue to drag positive downstream performances.