Bp Ups Spill Cost Estimate By $8 Billion And Profits Dive

Reuters: Top News, Reuters
Tue, 11/02/2010 - 1:20am

LONDON (Reuters) - BP lifted its estimate of the likely cost of its Gulf of Mexico oil spill by $7.7 billion to $39.9 billion on Tuesday, pushing its profits down sharply in spite of higher oil and gas prices.

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Topics: bo oil spill bp energy gas prices gulf of mexico gulf oil spill oil prices oil spill

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