{"id":64117,"date":"2016-02-17T09:16:26","date_gmt":"2016-02-17T14:16:26","guid":{"rendered":"http:\/\/www.businesspundit.com\/?p=64117"},"modified":"2020-09-21T13:34:01","modified_gmt":"2020-09-21T17:34:01","slug":"pirates-are-even-turning-their-backs-on-oil-02-2016","status":"publish","type":"post","link":"https:\/\/www.businesspundit.com\/pirates-are-even-turning-their-backs-on-oil-02-2016\/","title":{"rendered":"Pirates are even turning their backs on oil"},"content":{"rendered":"

\"Pirates<\/p>\n

Crude oil has become so cheap that even Nigerian pirates are turning their backs on oil rigs that pass through their waters.<\/p>\n

A Bloomberg report<\/a> Monday noted that\u00a0attacks on vessels shipping oil in the Gulf of Guinea\u00a0in West Africa have dropped by one-third in the past year while oil prices crashed.<\/p>\n

The gulf includes\u00a0the Atlantic waters just\u00a0south of Nigeria, Africa’s largest oil producer and OPEC member.<\/p>\n

While the region has been plagued by oil thefts and illegal shipments in the past, pirates are now picking vessels that may contain more value.<\/p>\n

The report didn’t suggest at what price pirates turned away from oil, although Bloomberg believes attacks will pick back up when prices start to rise again.<\/p>\n

Read the full report at Bloomberg here<\/a>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Crude oil has become so cheap that even Nigerian pirates are turning their backs on oil rigs that pass through their waters. A Bloomberg report Monday noted that\u00a0attacks on vessels shipping oil in the Gulf of Guinea\u00a0in West Africa have dropped by one-third in the past year while oil prices crashed. The gulf includes\u00a0the Atlantic […]<\/p>\n","protected":false},"author":39,"featured_media":64118,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8281],"tags":[7787,10075,10074],"class_list":{"0":"post-64117","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-oil-prices","9":"tag-pirate-attacks","10":"tag-pirates"},"acf":[],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/posts\/64117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/comments?post=64117"}],"version-history":[{"count":2,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/posts\/64117\/revisions"}],"predecessor-version":[{"id":64120,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/posts\/64117\/revisions\/64120"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/media\/64118"}],"wp:attachment":[{"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/media?parent=64117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/categories?post=64117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/tags?post=64117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}