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BP says cap has halted oil flow in Gulf: report; shares up 7%

BP says cap has halted oil flow in Gulf: report --U.S. shares of BP surged nearly 10% to $39.62 in recent activity. 15 Jul 2010 Oil has stopped leaking from the blown well in the Gulf of Mexico for the first time since April, The Associated Press reported Wednesday, citing BP PLC. Earlier in the day, BP said it started performing an integrity test on the well following the placement of a new containment cap on it over the weekend. The stoppage of the leak is a part of the integrity test, which could last from six to 48 hours, and not a permanent fix to the blown well.