A RUSSIAN PIPELINE spilled about 73 bbl of diesel fuel into a village pond in the southern Urals, threatening contamination of a nearby river. The leak occurred on the Ufa-Petropavlovsk pipeline, which transports refined products from refineries at Ufa, Bashkortostan. Containment booms were deployed to prevent the spill from spreading into the Ufa River. Russian environmental officials estimate the country's pipelines spill 22 million bbl/year of oil in about 700 major leaks/year.
LONDON'S International Petroleum Exchange crude oil trading activities Apr. 12 peaked at 121,495 contracts, equivalent to more than 100 milli...