A Thursday, Jan. 15, 2015 file photo showing a BP logo outside a petrol station in the town of Bletchley in Buckinghamshire, England. Oil giant BP reported a loss Tuesday, Feb. 3, 2015, of $4.4 billion for the fourth quarter of 2014, as oil prices plunged. The net income figure includes a $5 billion writedown on the value of BP's inventories, after the price of Brent crude, the benchmark for North Sea oil, dropped almost 50 percent last year. BP posted a profit of $1.04 billion in the fourth quarter of 2013. After stripping out the effect of the drop in oil prices, BP reported a loss of $969 million for the period, compared with a gain of $1.5 billion last year. (AP Photo/Matt Dunham, File)
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