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P502 Teletext 502 Jul26 16:14:13       ——————  ———————————————————  OIL PRICE SURGE PUSHES BP TO RECORD The soaring oil price and investment in its operations over the past 10 years helped BP's first half pre-tax profit jump to a record £5.9bn, from £4.6bn. The trading climate was stronger over the second quarter as oil and gas output rose and refining and chemical profit margins increased. BP has set aside almost £400m to cover compensation claims in the fatal Texan oil refinery blast in March. ——————————————————————————————————————— Shares index 510 Market report 511 HELP OTHERS — COMMUNITZ NEWS p147 Next news Shares Markjts MortgagAd