Royal Dutch Shell Plc’s assertions that its Nigerian oil spills are caused by theft and sabotage are often untrue, according to Amnesty International, which said investigations into the incidents have been manipulated.
A Nigerian militant group said it’s in contact with the captors of two U.S. citizens abducted off the coast of the West African nation and is working to ensure they are well treated before being freed.
Royal Dutch Shell Plc sold North Sea Forties crude at the lowest differential in six months. No bids or offers were made for Russian Urals blend for a fifth day. Iraqi Kirkuk exports for November will increase by 36 percent from this month.
West Texas Intermediate crude is poised to extend its slide below $100 a barrel through the end of the year as U.S. supplies surge, tensions with Iran ease and political wrangling in Washington goes on.