Oil prices ended Friday with gains for the day, largely because of the growing tension in the Middle East. West Texas Intermediate rose 28 cents or 0.34% to close at $83.85 a barrel on the New York Mercantile Exchange. Brent crude finished up 49 cents or 0.55% to $89.50 a barrel on ICE Futures Europe. …
Kinder Morgan declared force majeure after one of its west Texas natural gas pipelines caught fire and burned for most of Friday. The Houston company filed a notice of its force majeure declaration for part of the Lockridge Lateral segment of the Natural Gas Pipeline of America system. Click here for Reuters
