(Bloomberg) -- Crude oil rose on speculation supplies will be further disrupted in Nigeria, Africa's largest producer, after a series of militant attacks.
Eni SpA, Italy's biggest oil company, had to cut output at Nigeria's Brass crude export terminal by 98,000 barrels a day after a militant group attacked pipelines this week. An increase in U.S. gasoline stockpiles ``wasn't able to ease worries about'' supplies, a report from Vienna-based PVM Oil Associates GmbH said today.
Read more at Bloomberg Commodities News
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