BP PLC
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
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The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.
FY2024 · Filed Mar 6, 2025
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BP$44.53-0.4%Stored close · as of Nov 6, 2026
Contents
Refining marker margin
We use a global refining marker margin (RMM)«
to track the refining margin environment. Global
RMM in 2024 continued the downward trajectory
from 2023. An increase in refining capacity and a
slowdown indemand growth for refined products
meant RMM values averaged significantly lower in
2024 at $17.7/bbl ($8.1/bbl lower than in 2023) j.
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