Oil prices edge higher as BTC pipeline reopens

Monday in choppy, thin trade as the major Baku-Tblisi-Ceyhan pipeline resumed operations after repairs from a fire and fresh unrest in Nigeria's oil-rich south. New York's main contract, light sweet crude for October, rose 52 cents to close at 115.11 dollars a barrel. In London, Brent North Sea crude for October ticked up 11 cents to settle at 114.03 dollars. Oil futures prices had shed more than six dollars a... [read full story]                    

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