Website maintenance:

We will carry out maintenance on the website for a period to come. We apologize in advance for any problems this may cause. If you are unable to access the website it is probably due to updates. Please try to re-enter the website in 10 minutes time. Sincerely, The Web Development team!

Highest oil price since summer 2015

Oil pricePetrouleum. Photo:


Oil prices climb on the second day of Christmas to the highest rates in 2.5 years after an explosion in an oil pipeline in Libya.


On Wednesday morning, one barrel of North Sea oil (Brent Spot) cost $66.67, up 1.91 percent or $ 1.25, writes E24.American light oil cost $59.71, down 0.10 percent.

The reason for this is there was an explosion in an oil pipeline in Libya, which has stopped all transport from Waha Oil to its important Es Pages terminal. This means significantly lower oil production in Libya.

Thus, North Sea oil rose more than 67 dollars on Tuesday for the first time since summer 2015 and the American light oil cost over 60 dollars for the first time in two years.


© NTB Scanpix / Norway Today


Be the first to comment on "Highest oil price since summer 2015"

Leave a comment

Your email address will not be published.