Friday May 18 | Sys-Con Media
Oil Prices Slide as Inventories and Euro Zone Concerns Grow
The SPDR S&P Oil & Gas Exploration & Production ETF has dropped nearly 8 percent in the last month.
Abraxas churns profit for the first quarter
Abraxas Petroleum Corp. swung a profit in the first quarter of 2012 as the company benefited from higher oil and gas production and sales.