BP shares fall further as oil continues to leak at the Gulf of Mexico. After a disaster at the spot, it is now affecting the stock of the company as well.

The London-based oil major BP Plc.'s shares have continued their downward journey in the market. There was a major leak at on of the drilling rigs at the BP operated well at Gulf of Mexico, towards the U. S. coast.

Then there was a severe explosion later. The oil leakage couldn't be repaired on time and oil has flown to the sea. Making the situation more problematic, the oil has touched the coast as well and polluted the entire surrounding. Even huge numbers of turtles and fish have found dead at the sea coast.

The US president Barack Obama has visited the spot and also said that, BP to be blamed for such mishap. Today there has been a major down in the price of BP shares. It is trading almost down at 4.7% at 548.7 pence. The stock has fallen around 17% since the mishap.