The markets tumbled to close sharply lower with the Dow plummeting 107 points to 12,105 as Libya stopped all crude oil shipments amidst escalating violence. Nasdaq plunged 33 points to 2722.
On the upside
Royale Energy (Nasdaq: ROYL) received regulatory approval to begin production at the Goddard #2 well in Colusa County, California.
Chesapeake Energy (NYSE: CHK) reversed year ago losses to post a profit for the fourth quarter.
