LONDON, England (AP) -- BP has reported a 63 percent jump in profits in the first quarter compared to the same period a year ago.

BP has reported a 63 percent surge in first-quarter profits as crude oil prices continue to benefit producers.
The oil company on Tuesday reported a profit of $7.6 billion compared to $4.4 billion in the first quarter of 2007.
First-quarter profit was up 73 percent compared to the previous quarter.
BP's closely watched replacement cost profit rose 48 percent to $6.59 billion. This compared to US$4.44 billion in the first quarter of 2007. E-mail to a friend ![]()
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