BP logo

BP Quarterly data 2004 - 2008

Global Indicator Refining Margin BP Average
This bar chart shows the Global Indicator Refining Margin BP Average


        Image with a graph of Global Indicator Refining Margin BP Average
  Units Q1 2004 Q2 2004 Q3 2004 Q4 2004 Q1 2005 Q2 2005 Q3 2005 Q4 2005 Q1 2006 Q2 2006 Q3 2006 Q4 2006 Q1 2007 Q2 2007 Q3 2007 Q4 2007 Q1 2008 Q2 2008 Q3 2008
Global Indicator Refining Margin BP Average (f) $/bbl 4.89 8.28 6.39 5.69 5.94 8.42 12.35 7.60 6.28 12.59 8.40 6.30 9.45 16.66 8.05 5.68 4.57 8.19 8.03

The group adopted International Financial Reporting Standards (IFRS) with effect from 1 January 2005. Financial information for 2004 has been restated to reflect the adoption of IFRS.

(f) The Global Indicator Refining Margin (GIM) is the average of six regional indicator margins weighted for BP's crude oil refining capacity in each region. Each regional indicator margin is based on a single representative crude oil with product yields characteristic of the typical level of upgrading complexity. The regional indicator margins may not be representative of the margins achieved by BP in any period because of BP's particular refinery configurations and crude and product slate. The GIM data shown above excludes the Grangemouth and Lavéra refineries.


© 2000-2008 BP p.l.c     |     Legal Notice