DOW JONES NEWSWIRES The BP PLC (BP) oil spill will likely cost $33 billion--more than earlier forecast--because of higher oil flow rates, research firm Sanford C. Bernstein said in a note, Bloomberg News reported Wednesday on its website. Bernstein also sees "little chance" BP's U.S. assets would be bankrupted, as BP has "sufficient liquidity" and its trading business is unlikely to suffer significant damage due to the spill, the report said. Full story: http://www.bloomberg.com/news/2010-07-07/bp-gulf-oil-spill-costs-raised-to-33-billion-on-oil-flows-bernstein-says.html (END) Dow Jones Newswires July 07, 2010 21:44 ET (01:44 GMT)