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March 21, 2003       Share:    

Source: http://www.washingtonpost.com/wp-dyn/articles/A7744-2003Mar21.html

Oil Prices Fall as Allied Forces Secure Iraqi Fields

(Washington Post) U.S. and British forces took control of critical oil fields and terminal facilities in Iraq's southern tip, while other military units attacked Iraq forces near the country's second major oil region in Kirkuk, 200 miles north of Baghdad. Responding to advances by U.S.-led columns, oil prices fell to the lowest level in four months, prompting some analysts to predict that lower gasoline prices would soon follow.

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