Crude Rose on Trans Alaska Reports
RigData Oil & Gas Price Report
Monday, January 10, 2011
Bloomberg reported crude oil rose after BP, Plc. and its partners in the Trans Alaska Pipeline System, which carries 15% of U.S. output, couldn’t say when production would return after the line was shut following a leak. Crude oil for February delivery increased $1.22 to settle at $89.25 a barrel on the New York Mercantile Exchange.
Category: U.S. Land Industry Review
Trans Alaska Pipeline