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21 July 2020 at 01 : 28 AM
BP debt rating is cut as gulf oil leak costs mount
Moodys Investors Service and Fitch Ratings reduce their credit ratings for the oil giant, which estimates the cleanup and containment could cost it $3 billion.Some oil industry analysts say BP might have to sell assets to pay for efforts to stop the Gulf of Mexico oil leak, including the drilling of a relief well, above, and clean up the mess. Others say ...
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