Page 2 - Trans Niger News Today

China: Brent crude was down 43 cents at $84.03 a barrel by 0816 GMT, while the more active US West Texas Intermediate October contract slipped 37 cents to $79.95 a barrel.

Brent crude was down 26 cents at $84.20 a barrel by 1300 GMT, while the more active U.S. West Texas Intermediate October contract slipped 24 cents to $79.88

Oil markets have been relatively subdued at the start of the week, but the potential of Kurdish oil flows finally coming back online is adding downward pressure to prices.

Oil prices were little changed on Tuesday as investors remained downbeat on China’s economic malaise hobbling demand from the world’s top crude importer, limiting the impact of supply cuts.

By Laura Sanicola

Shell Plcs local unit is investigating a possible leak on its Trans Niger oil pipeline that traverses Bodo community in Nigerias River state following an Aug. 18 report, a spokesperson said on...

Nigerian authorities and Shell Oil’s local subsidiary have been investigating the cause of an oil spill on the Trans Niger pipeline that lasted a week before it was contained. The spill was detected on June 11th at Eleme in south Nigeria’s Rivers State and confirmed by Shell Petroleum Development Company of Nigeria Limited (S.P.D.C.) four days later, after the oil had contaminated farmland and the Okulu River. The Trans Niger pipeline boasts 180,000 barrels per day, and is one of two channel...

The Nigerian authorities are knee-deep in an investigation into a recent oil spill from a Shell pipeline that went on for several days.

Nigerian authorities and Shell’s local subsidiary were on Monday investigating the cause of an oil spill on the Trans Niger pipeline that lasted several days.

Oil prices fell on Tuesday morning as markets continued to focus on sluggish U.S. demand despite several bullish catalysts.