Reports are coming from the Gulf of Mexico that oil from BP's BP Macando well is no longer flowing into the ocean. Oil stocks have been skyrocketing on this news. BP has jumped 7.57% to $38.92.
Anadarko Petroleum APC, which owns a 25% non-operating stake in the well is 3.01% higher at $49.01.
Transocean RIG, which leased the Deepwater Horizon rig to BP, has closed 4.47% higher at $54.70.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: Intraday UpdateMoversEnergyIntegrated Oil & GasOil & Gas DrillingOil & Gas Exploration & Production
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in