Excerpt from: GFT Analysts in the News
|
 |
| April 25, 2008 | | Oil futures news: BP to shut U.K. pipeline | A series of disruptions are helping oil prices rise on the commodities market today. One of the biggest pieces of oil futures news is that BP (BP) is plannig to shut down an important pipeline in the North Sea because of a strike. Bloomberg reports on the BP news, as well as other oil supply issues:
BP said it would shut the Forties Pipeline System from
tomorrow evening because of a two-day strike at a refinery in
Scotland. In Nigeria, Exxon Mobil Corp.'s unit began shutting
production as workers went on strike, while armed militants
sabotaged a pipeline belonging to Royal Dutch Shell Plc. | Topic Tags: commodities market, futures news, futures trading, oil futures, oil prices, spread betitng commodities, spread bets oil prices | |
|
|
