Wednesday, February 08, 2012
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1. Richard Russell: This could be 2012's "market moving" event
 
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ExxonMobil may have found 8 billion barrels of oil
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Friday, March 13, 2009
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ExxonMobil tapped a reservoir off the coast of Brazil that could contain 8 billion barrels of recoverable oil. It could potentially be the largest oil discovery in thirty years.

At today's energy prices, 8 billion barrels of oil equals $380 billion, $50 billion more than Exxon's entire market value.

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Topics: Energy | Commodities
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