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British PM fears BP's "destruction", stock plunges

TORONTO/HOUSTON (Reuters) - Fearing the "destruction" of BP Plc, British Prime Minister David Cameron said on Friday some certainty is needed over its costs from the Gulf of Mexico oil spill even as the company's stock plunged to a 14-year low.

TORONTO/HOUSTON (Reuters) - Fearing the "destruction" of BP Plc, British Prime Minister David Cameron said on Friday some certainty is needed over its costs from the Gulf of Mexico oil spill even as the company's stock plunged to a 14-year low.

Total share losses for the embattled British energy giant since the worst oil spill in U.S. history began on April 20 stand at around $100 billion, more than halving its market value prior to the disaster. BP stock on Friday fell more than 6 percent in London and New York.

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