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BP earnings: Q1 net profit comes in at $2.4 billion, vs. $2.3 billion expected

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U.S. President Donald Trump, three of his children, as well as the Trump Organization sued Deutsche Bank and Capital One in an effort to block the banks from responding to congressional subpoenas.

Oil major BP beat market expectations with its first-quarter results on Tuesday.

Its first-quarter underlying replacement cost profit, used as a proxy for net profit, came in at $2.4 billion, versus $2.3 billion expected. 's results coincided with a significant recovery in oil prices through the first three months of the year.

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