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Oil prices surge before Norway lockout

By   /  July 11, 2012  /  Ethiopia  /  Comments Off on Oil prices surge before Norway lockout

  (AFP)NEW YORK — Oil prices surged Monday as Norway’s oil industry appeared headed for a labor lockout at 2200 GMT with little hint that a shutdown will be avoided in Western Europe’s largest oil and gas producer. After pension talks between the industry and unions failed over the weekend, the industry side raised hopes […]

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