WSJ.com: Europe Home: Oil Jumps as Statoil Threatens Production Shutdown

WSJ.com: Europe Home Europe Home

Oil Jumps as Statoil Threatens Production Shutdown Jul 5th 2012, 11:47 The price of Brent surged more than 2% as talks in a Norwegian labor dispute broke down, prompting Statoil to say it was preparing to shut down production.

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