Tuesday, June 29, 2010

Crude Oil Trading, Stock Shares: Shell (LSE:RDSA), Exxon Mobil (NYSE:XOM) and BP (NYSE:BP)

While BP (NYSE:BP) finally saw an increase, other U.S. stock shares and crude oil trading continues to fall, including Royal Dutch Shell (LSE:RDSA) and Exxon Mobil (NYSE:XOM), sliding from a prior seven week high. Causing the Standard and Poors 500 to drop again, this is the fifth time in six days.

The S&P saw another decline of 0.1 percent to 1,074.57, while the energy shares among S&P tumbled 1.3 percent as a group - this being the highest loss among 10 industries. While the Dow Jones Industrial average also slide losing 0.1 percent or 5.29 point to 10,138.52. Crude oil fell below $78 a barrel in New York, this is due to slow economic growth concerns that this may reduce demand.

Exxon Mobil dropped 1.39 percent to $57.65. While Royal Dutch Shell saw a decline of 2.9 percent to $49.56, and BP saw a gain of 0.96 percent to 27.31.

Meanwhile, many are watching with worry and anticipation as Alex continues it's course towards the Gulf as swells are already reaching it. It is expected to turn into a hurricane and the force of the storm is already causing evacuations on several of the oil rigs. Air Logistics, an offshore helicopter company has been evacuating Gulf workers in the Western Gulf of Mexico.

Shell is planning on shutting down production today on their rigs in the central and Western Gulf. Exxon has also started the process of evacuation from the offshore facilities that are expected to be in the path of Alex.

13 comments:

  1. The content posted above is really appreciable and worth a read. Good job done

    ReplyDelete
  2. We stumbled over here coming from a different web address and thought I should check things out.
    I like what I see so now i'm following you. Look forward to going over your web page repeatedly.

    Here is my homepage :: sian

    ReplyDelete
  3. Quality articles or reviews is the main to interest the viewers to pay a visit the web site, that's what this website is providing.

    Take a look at my homepage ... more

    ReplyDelete
  4. Can I post your put up to my wordpress blog? I will
    add a one-way link to your forum. That’s one really great post.


    My web page i'm having trouble getting pregnant

    ReplyDelete
  5. Very good website you have here but I was curious about if you knew of any user discussion forums
    that cover the same topics discussed in this article?
    I'd really like to be a part of online community where I can get opinions from other knowledgeable people that share the same interest. If you have any recommendations, please let me know. Appreciate it!

    Take a look at my weblog ... More hints

    ReplyDelete
  6. This is very interesting, You are a very skilled
    blogger. I've joined your feed and look forward to seeking more of your wonderful post. Also, I've shared your web site in my social networks!


    Here is my homepage; Michael Kors

    ReplyDelete
  7. Great post. I was checking constantly this weblog and I am
    inspired! Extremely helpful information specially the closing section :) I take care of such
    information a lot. I used to be seeking this certain information for a very lengthy time.
    Thanks and good luck.

    Also visit my web-site; LeBron James Shoes

    ReplyDelete
  8. Pretty great post. I simply stumbled upon your weblog and
    wanted to mention that I've really loved surfing around your blog posts. After all I will be subscribing to your feed and I'm hoping
    you write once more very soon!

    my page :: NFL Jerseys Cheap

    ReplyDelete
  9. Hey there! Would you mind if I share your
    blog with my facebook group? There's a lot of people that I think would really appreciate your content. Please let me know. Thanks

    my homepage ... Air Jordan Pas Cher

    ReplyDelete
  10. I was curious if you ever thought of changing the page layout
    of your blog? Its very well written; I love what youve got to say.
    But maybe you could a little more in the way of content so people could connect with it better.
    Youve got an awful lot of text for only having 1 or two pictures.

    Maybe you could space it out better?

    Also visit my weblog - Michael Kors

    ReplyDelete
  11. You're so awesome! I do not suppose I have read through a single thing like this before. So nice to discover another person with some original thoughts on this issue. Really.. many thanks for starting this up. This web site is something that is needed on the web, someone with a little originality!

    Stop by my web page: Louis Vuitton Pas Cher

    ReplyDelete
  12. After going over a handful of the articles on your web site,
    I really like your way of writing a blog. I bookmarked it
    to my bookmark website list and will be checking back soon.
    Please check out my website too and tell
    me your opinion.

    Also visit my blog post Sac Louis Vuitton Pas Cher

    ReplyDelete
  13. Hmm is anyone else experiencing problems with the pictures on this
    blog loading? I'm trying to find out if its a problem on my end or if it's the blog.
    Any responses would be greatly appreciated.

    Stop by my website: selling beats :: ::

    ReplyDelete