In early morning on July 8, Beijing time, according to foreign media reports yesterday, the US investment company Sanford C. Bernstein announced on Wednesday that the total expenditure of BP Plc on the Gulf of Mexico oil spill may reach 33 billion U.S. dollars. Higher than previously expected.
The report shows that Sanford C. Bernstein lowered the target price of BP from 444 pence (about 6.75 US dollars) to 400 pence (about 6.07 US dollars), mainly due to the increase in the estimated cost of the crude oil spill, and the need for BP to assume the full The possibility of compensating for the cost increases.
In the trading on the London market, BP’s share price rose for the third consecutive trading day and closed at 362.05 pence (about US$5.50), an increase of 4.8%, due to the relevance of relief wells designed to permanently prevent the continued leakage of crude oil. Work has progressed. (Wenwu)
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