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ExxonMobil

ExxonMobil Oil Spill Hits Yellowstone River

An ExxonMobil pipeline in Montana state ruptured late Friday, which spilled hundreds of barrles of crude oil into the famed Yellowstone River, prompting evacuations of nearby residents.
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OPEC Likely to Lift Oil Production

The Organization of Petroleum Exporting Countries (OPEC) meeting would likely end with a decision to increase crude production levels to reduce international concerns about the high price of oil.
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Price to Buy Gold Hits 1-Week High, Silver Regains 1/3rd of 30% Plunge

Gold rallied to one-week highs at $1526 per ounce in Wednesday morning trade - a gain of 4.3% from last Friday's low - before falling back as world stock markets also cut their rally. Silver has now regained a third of its losses since falling over 30% from a 31-year peak of $48.70 at the end of April.

Oil prices plunges 9% on economic worries

The price of crude oil plummeted almost 9 percent to finish below $100 per barrel – the largest one-day percentage drop in more than two years – on growing worries about the U.S. economy.
Traders work on the floor of the New York Stock Exchange

US stocks open lower after GDP, Jobless Claims

U.S. stocks declined in early trade on Thursday after government reports showed that US economic activity slowed significantly in the first quarter and applications for jobless benefits unexpectedly increased.

Italy and France propose Libyan oil boycott

Italy and France have called on the international community to cease shipping oil products to the regime of Libyan leader Moammar Gaddafi and also asked market operators not to purchase Libyan crude oil.

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