Oil prices rise as turmoil in Nigeria adds to global supply disruptions

Courtesy The News International SINGAPORE: Oil prices rose in early trading on Friday as turmoil in Nigeria, shale bankruptcies in the United States and crisis in Venezuela all contributed to tightening supplies. Despite this, brimming inventories across the world were preventing supply shortfalls and sharper price spikes, traders said. International Brent crude futures LCOc1 were…