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Oil prices rise as Hormuz talks delayed, Saudi pipeline shutdown

Oil prices climbed on Monday after talks on the Strait of Hormuz were postponed and Saudi Arabia shut down a major oil pipeline. Brent crude for November delivery gained nearly three per cent to 107.60 dollars per barrel, approaching the 110-dollar level. The increase came after prices edged lower on Friday following sharp gains in […]

The post Oil prices rise as Hormuz talks delayed, Saudi pipeline shutdown appeared first on Daily Nigerian.

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