BP (BP) shares fell the most in four months in London after the Obama administration sued the oil giant, saying it violated environmental laws during the Gulf oil disaster.
BP shares retreated by as much as 3.2%, the most since August, Bloomberg News said. As of 9:08am local time, the shares were down 2.3% at 465.4 pence.
The stock has fallen 29% since April 20 explosion on the Deepwater Horizon…
Continue reading BP Shares Fall in London After U.S. Lawsuit
BP Shares Fall in London After U.S. Lawsuit originally appeared on DailyFinance on Thu, 16 Dec 2010 07:09:00.
Filed Under: Energy, Company News, Technology, Green, BP