12-12-2017 17:20 via uk.news.yahoo.com

Broken pipeline cuts British supply during peak energy demand

Britain's biggest pipeline from its North Sea oil and gas fields is likely to be shut for several weeks for repairs, its operatorsaid on Tuesday, disrupting gas flows and sending international crude prices to their highest since mid-2015.It has particular significance to global markets because Forties is the largest out of the five crude oil streams that underpin the dated Brent benchmark, against which other crude prices are broadly based.Benchmark Brent crude prices rose above $65 per barrel f
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