Breaking News: Oil Prices Close at New Record High

Crude oil futures closed at $116.69 a barrel today after reaching an intra-day high of $117. The surge in prices was reportedly sparked by news that a militant group in Nigeria sabotaged a major oil pipeline operated by Royal Dutch Shell, promising more attacks on the country’s petroleum infrastructure.

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Tags: , , energy+security
Thomas Schueneman
Thomas Schuenemanhttps://tdsenvironmentalmedia.com
Tom is the founder and managing editor of GlobalWarmingisReal.com and the PlanetWatch Group. His work appears in Triple Pundit, Slate, Cleantechnia, Planetsave, Earth911, and several other sustainability-focused publications. Tom is a member of the Society of Environmental Journalists.

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