LONDON -- Shares in BP (BP) were higher Thursday after a U.S. presidential commission criticized the oil company's contractors and regulators as well as BP for the Gulf of Mexico oil spill.
BP shares were up 2.1% to 510 pence ($7.90) in midmorning trade on the London Stock Exchange.
In a 48-page excerpt of the final report released Wednesday, the commission described systemic problems in the oil and gas industry and government regulators which contributed to the blowout of the Macondo well on April 20.
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