Oil Prices: Hidden Force behind Oil's Rise: Sabotage by Terrorists


Mar 29, 2016 | Matt Egan, CNN
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Oil prices have surged on hopes of a freeze in global production. But a more hidden factor is also fueling the price spike: terror attacks on oil facilities. Sabotage to key oil pipelines have driven global supply outages to "elevated" levels estimated at more than 3 million barrels per day, according to the Royal Bank of Canada.