Oil rises after an attack on a Nigerian pipeline line




Views 3 Date 11/03/2016 - 13:04

Economy News / follow-up., ..



Oil futures rose from its lowest level in five weeks, on Thursday, after his oil pipeline in Nigeria was attacked.
And increased trading Brent crude oil price of more than 51 cents, up 1.1 percent to $ 47.37 a barrel, by at 04:15 GMT, while US crude rose 39 cents, 0.9 percent, to $ 45.73 a barrel.

Crude oil prices boosted supply concerns, after unrest in Nigeria, where gunmen attacked the southern Niger Delta oil pipeline operated by the Nigerian National Company.

Oil prices were low to the lowest level for 5 weeks, after no public announcement of oil producers outside OPEC specific obligation to join the organization plan, last week, pointing out that they want to resolve their differences OPEC first.


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