The Guardian | Oil jumps over $65 per barrel after Forties pipeline shut for emergency repairs – business live The Guardian The U.K. link is critical because flows through it make up the single largest constituent part of so-called Dated Brent crude, which helps settle more than half the world's physical oil prices. It feeds the Hound Point export terminal near Edinburgh in ... Brent crude oil jumps to mid-2015 high after North Sea pipeline outage Major Forties oil pipeline to be closed for repairs UK pipeline shutdown sends oil and gas prices soaring |