BP stock prices again fell. By January 2007, the explosion, coupled with a pipeline spill in Alaska and production delays in the Gulf of Mexico, left BP's stock down 4.5% from its position prior to the Texas City explosion. However, by April 2007, stocks had rebounded 13% erasing the 8.3% loss from 2006. Declining oil prices and concerns over oil sustainability also caused shares to fall in value in late 2008. The Deepwater Horizon oil spill in April 2010 initiated a sharp decline in share prices, and BP's shares lost roughly 50% of their value in 50 days. BP's shares reached
Jebel al-Zayt oil spill such little information. Also the government is unable to determine the source of the spill or how it began. Few media outlets reported on this oil spill due to the BP oil spill which overshadowed this issue. The BP oil spill which was one of the largest accidental oil spills in history. It happened weeks before the Egypt oil spill had occurred. Jebel al-Zayt oil spill The Jebel al Zayt oil spill occurred north of the Red Sea on June 16, 2010. It is considered to be the largest offshore spill in Egyptian history. The spill polluted around 100 miles