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61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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BP Pays Louisiana $350m to Settle Spill Claims
BP will pay Louisiana a single $350m instead of $373m due over seven years, and the deal also settles the remaining parish coastal lawsuits over the 2010 Deepwater Horizon oil spill.
BP (LSE: BP) has agreed to pay Louisiana a single lump sum of $350m, replacing $373m that was due in instalments over the next seven years. The oil major announced the deal on Friday. It also settles the remaining coastal lawsuits brought by Louisiana parishes over the 2010 Deepwater Horizon spill.
BP shares closed on Friday at 638.5p, up 26.6p, or 4.3%, from 611.9p on Thursday. The settlement was reported after the London close, so the shares finished the session before the news emerged and the rise should not be put down to it. The previous eight sessions closed between 605.8p and 617.1p.
BP.LSE
BP said the remaining coastal zone lawsuits by Louisiana parishes will be resolved, without giving further details. BP spokesman Paul Takahashi said the terms of the coastal litigation agreement are confidential.
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Louisiana Governor Jeff Landry, a Republican, said: “We have now disposed of claims and settled with all but one of the major defendants in these coastal cases.” The Louisiana Illuminator named the holdout as Chevron, in a Plaquemines Parish case.
The payment sits inside the 2015 settlement, under which BP agreed to pay up to $18.7bn to the federal government and five states. That includes $4.9bn payable over 18 years to resolve the states’ economic and other claims, and this deal retires part of that long tail.
On a nominal basis, $350m is about $23m less than the $373m Louisiana had been owed. BP said the sum is approximately $350m and accounts for more than 20% of its outstanding payments to the five states under the Economic Damages Settlement.
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“This agreement with Louisiana accelerates the delivery of our commitments and provides the state with access to these funds now.”
Meg O’Neill, BP chief executive, in a company release
Landry also said, in part, “We have tackled legacy lawsuits, which many said was impossible.” Lafourche Parish President Mitch Orgeron said the faster payout means about $350m can go into coastal projects now rather than over seven years.
London markets are closed for the weekend, and BP shares next trade on Monday.
The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.
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