Oil rises on uncertainty over U.S. pipeline restart, Russian supplies
Written by Black Hot Fire Network on December 12, 2022
SINGAPORE, Dec 12 (Reuters) - Oil prices rose more than 1% on Monday as a key pipeline supplying the United States stayed shut while Russian President Vladimir Putin threatened to cut production in retaliation for a Western price cap on its exports.
Brent crude futures were up 30 cents, or 0.4%, to $76.40 a barrel by 0300 GMT. U.S . . .
