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[size=30]Oil prices jump to $ 65 for the first time since 2015[/size]
12/12/2017 10:44 | Number of readings: 24
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Trend Press / Agencies
Oil prices rose during Tuesday morning, with Brent crude rising above $ 65 a barrel for the first time since June 2015 after a disruption to one of the world's most important pipelines.
The work of the Fortis pipeline in the North Sea was halted on Monday and for the next two weeks due to breakdowns. The Fortis pipeline is the largest in Britain with capacity of 450,000 barrels per day.
"Brent crude futures rose 0.9% to $ 65.28 a barrel.
While the price of Nymex crude futures at $ 58.35 per barrel, up 0.6%.
The US Petroleum Institute is due to announce its preliminary inventory data later this week.
OPEC is also set to unveil its production rate last month on Wednesday.
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