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BP PLC

For the period ended Dec 31, 2025. Filed Mar 6, 2026.

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About this filing

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.

FY2025 · Filed Mar 6, 2026

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BP$44.53-0.4%Stored close · as of Nov 6, 2026
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Contents

Refining indicator margin

We have updated the metric used to track the

refining margin environment to the refining

indicator margin (RIM)k. After a weak 1Q25,

RIM increased over the rest of the year,

supported by lower crude prices, relatively

resilient product demand, tight product

inventories and unplanned capacity outages

and disruptions. RIM averaged $12.8/bbl over

2025 as a whole, up $2.1/bbl (19%) from

its average level in 2024 k.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.