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Violent Struggle Over Oil And Money Rattles Global Energy Market

stander
stander
in Oil, Gas and Energy News

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(Bloomberg) -- After years of relative peace, militants are again blowing up the pipelines that criss-cross the mangrove swamps of Nigeria’s Niger River delta, reducing oil output to the lowest in almost three decades and fueling a rally in global crude prices. The resurgent conflict in Africa’s largest economy has a long history, interweaving corruption and poverty with regional rivalries and presidential politics, but at its core is money. - See more at: http://www.rigzone.com/news/article.asp?hpf=1&a_id=144613&utm_source=DailyNewsletter&utm_medium=email&utm_term=2016-05-19&utm_content=&utm_campaign=feature_4#sthash.LyG9whIk.dpuf

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