Monday, January 25, 2010

Exxon Develop Iraq Oil Field

Exxon Mobil (XOM) announced Monday it signed an agreement to redevelop and expand Iraqs West Qurna-1 field. The field is in the southern part of the country.

Friday, January 15, 2010

Crude Prices drop amongst concerns of Chinese banks cutting lending

01/15/10 Front month crude prices slipped this session following speculation that Chinese banks will soon cut its lending practices.

Crude Prices drop amongst concerns of Chinese banks cutting lending

Thursday, January 14, 2010

Crude Oil Prices Fall because of Weather

Weather Melts Oil Prices

01/14/10 Front month crude prices fell this session following warmer weather in the US.