Fresh Attack on Pipeline Pushes Oil towards $70

Oil prices rose towards $70 a barrel yesterday following an attack on Shell’s Billie-Krakama pipeline in Rivers State by the Movement for the Emancipation of the Niger Delta (MEND).  The damaged pipeline, THISDAY learnt, feeds into pumping stations connected to the Bonny crude terminal.Prompted by the incident, the oil giant has shut in one of its pipeline junction points, a development which...

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• you see, that is why we africans we will never develop. somebody told me that you Africans you dont mature and developed for b...