Alaska pipeline closure sends oil futures up

10th January 2011, Comments 0 comments

A 1,200km-long pipeline system that carries 630,000 barrels a day from Alaska’s North Slope has been closed following the discovery of a leak in a pumping station 8 January. The news sent the price of crude oil futures up in trading in Asia Monday 10 January, where it touched almost 90/barrel before easing, amidst continued ...

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