The DJIA continues to crumble as BP plc (NYSE: BP) is lost in the red abyss

U.S. stock market lost bullish trend

In brief: The Dow Jones Industrial Average was unable to recover losses. BP plc (NYSE: BP) lost more than 3% today. Investors are panicking.

The Dow Jones Industrial Average continues to fall against the background of the global stock market meltdown and the U.S. bad statistics. The DJIA fell to 10,388.45 points, down -255.80 (-2.40%). Meanwhile, BP plc (NYSE: BP) lost more than 3% in the bidding. BP plc shares stopped by 38.81 points, losing -3.24%.

English BP Plc., Affected by the accident of its drilling platforms in the Gulf of Mexico, adjourn the deepwater drilling offshore Libya. Told BP representative David Nicholas. According to him, drilling off the coast of Libya, is likely to be launched later this year. The representative of BP said earlier that the company will begin exploration work on the deep offshore Libya for “several weeks”. After an unprecedented environmental disaster in the Gulf of Mexico in the European countries fear that something similar could happen again in the Mediterranean Sea, where BP will there deep seabed mining. The oil disaster off the coast of the United States began on April 20 2010. with a methane explosion on the platform Deepwater Horizon, is operated by BP. As a result, emergency workers died on 11 platforms. Two days later the platform sank, and from damaged wells at a depth of 1.5 km of oil began to flow. During the time of the accident in the Gulf of Mexico water spilled, according to recent estimates, from 4.1 to 4.9 million barrels of oil, which clearly makes this the biggest leak in history. However, according to U.S. government experts, about 74% oil removed from the ecosystem by collecting it from the water surface and on the coast, as well as due to natural factors.

Ukrainian Globalist
2010-08-11 19:55, Economics.

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