South Sudan crisis to dictate oil prices

Oil prices will continue to be dictated by the crisis at South Sudan, the latest weekly market update reveals. The news comes as the capital of South Sudan’s oil-rich Unity state, Bentiu, was captured by rebels, increasing fears over the risk to the nation’s oilfields. Ben Spry (pictured), Optimisation Desk Manager at npower said Brent […]

Oil pipeline threats between Sudan and South Sudan

Sudan has threatened to block off oil supplies from South Sudan, it was reported this week. The two African nations formed when Sudan split in 2011 following years of civil war and the division left the southern country with much of Sudan’s oil reserves. Now the leader of Sudan President Omar al-Bashir says it could […]