Brent pipeline closed after North Sea oil leak

Brent pipeline, which transports 10 per cent of the UK's oil production, has been shut down temporarily after a leak was discovered on a North Sea platform.

Brent pipeline, which transports 10 per cent of the UK's oil production, has been shut down temporarily after a leak was discovered on a North Sea platform.

The Cormorant Alpha rig off Shetland, which handles around 90,000 barrels per day of crude oil, was closed following the discovery.

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up for MoneyWeek’s free twice-daily newsletter.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Sign up
Latest Videos FromMoneyWeek
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.