Market optimism over the potential for interest rate cuts next year is dangerously overdone, according …
Read More »Brent crude oil hits 2½-year high on Forties pipeline outage
Brent crude oil prices spiked to the highest level in 2½ years on Monday on news that a major pipeline in the U.K.’s North Sea will shut down for repairs. The Forties pipeline system will close for several weeks while its operator, INEOS, repairs a crack in a pipe discovered …
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