(Bloomberg) -- Crude oil rose for the first time in seven days after attacks by militants in Nigeria, Africa's biggest producer, shut three pipelines.
The lines and an export terminal operated by a unit of Eni SpA were shut down after the attack by the Movement for the Emancipation of the Niger Delta, the militant group said. Royal Dutch Shell Plc, Nigeria's largest foreign oil producer, said on May 3 that it's planning to open fields that feed the Forcados export terminal.
Read more at Bloomberg Commodities News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment