WKYT | Lexington, Kentucky | News

BP says oil spill costs reach $2 billion

LONDON (AP) - BP PLC says it has now spent $2 billion responding to the oil spill in the Gulf of Mexico and with no end in sight, that sum will continue to rise.

BP last week agreed to set up a $20 billion fund to compensate victims of the disaster on the U.S. southern coast.

BP says today that it has so far paid out $105 million to 32,000 claimants.

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