ON THE GULF OF MEXICO (AP) — BP said Monday it has now spent $2 billion responding to the massive oil spill in the Gulf of Mexico.

And with no end yet in sight, that number is expected to keep rising.

BP PLC agreed last week to set up a $20 billion fund to compensate victims of the disaster on the Gulf coast. The company said Monday it has so far paid out $105 million to 32,000 claimants. Its shares were down 4 percent Monday in early trading in London at $5.12.

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