A shut down of the largest oil field in the US is sending oil prices northwards at the start of the new week.
Crude for September delivery is up 1.20 at USD 75.96 a barrel in out of hour trading at Nymex this morning while Brent crude for September is up just over a dollar at 77.20.The main reason for the increase is news that BP will shut down Alaska’s Prudhouse Bay field, the largest in the US , because of corrosion in a pipeline. The closure of some 400,000 barrels a day will take R
Montag, 7.08.2006, 08:04 Uhr
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