Since plummeting to 13 year lows in February oil prices have seen a big bull market with prices nearly doubling to its level of 50.70 for Brent & 50.30 for WTI Crude. This has been aided by either production declines or supply glitches in many oil producing countries. Nigeria for one have been experiencing big problems with a militant group calling themselves Niger Delta Avengers. For the last 4 months they have been prowling the swamps of Nigeria’s petroleum-rich…
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