NPR logo

BP London Shares Lower Ahead Of Obama Meeting

  • Download
  • <iframe src="https://www.npr.org/player/embed/127874289/127874271" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
BP London Shares Lower Ahead Of Obama Meeting

Business

BP London Shares Lower Ahead Of Obama Meeting

BP London Shares Lower Ahead Of Obama Meeting

  • Download
  • <iframe src="https://www.npr.org/player/embed/127874289/127874271" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Investors seem apprehensive about Wednesday's meeting between President Obama and top executives from the oil company BP. In London trading, BP shares are lower. The company's stock already has fallen about 50 percent, since one of its wells began leaking in the Gulf in April.

DEBORAH AMOS, host:

NPR's business news starts with BP's falling stock.

(Soundbite of music)

AMOS: Investors seem more apprehensive than almost anybody else about today's meeting between President Obama and the top executives from the oil company BP. In trading in London, BP shares are down. The company's stock has already fallen about 50 percent, since one of its wells began leaking in the Gulf nearly two months ago.

Copyright © 2010 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.