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BP /quotes/comstock/13*!bp/quotes/nls/bp (BP 51.52, +0.32, +0.62%) rose 1.4% to $51.08 after the company reportedly told members of Congress in a closed-door meeting that the Gulf of Mexico oil spill could amount to as much as 60,000 barrels a day, in a worse-case scenario, according to a report in The New York Times.
Meanwhile, the oil major drew an upgrade to buy from sell at U.K. broker Panmure Gordon, which said the market reaction to the oil spill in the Gulf of Mexico is overdone.
Originally posted by Silcone Synapse
I thought they were saying 200 000 barrels a day a day or so ago.