Crude Oil / Energy: Geopolitics

Do you want to hear the nitty gritty about the continuous surge of crude oil price? Let us watch and listen to Michael Klare...

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Crude Oil Price Now $116.69/barrel

AP Photo

This is just in, "Oil Closes at $116.69 a barrel after reaching a trading high of $117" according to ABC News. Nigerian militant group sabotaged a major oil pipeline of Royal Dutch Shell PLC cause the escalation of crude oil. The militant group promises more attack on Nigerian petroleum industry. Nigeria is a major oil supplier of US. See ABC News Report.


Expect more high oil prices! again!!!



Source: ABC News