Oil climbs from one-month low

Oil rose as a major oil pipeline was temporarily halted, while key producers flagged stronger Chinese demand just as more sanctions on Russian flows take effect.

West Texas Intermediate climbed toward $74 a barrel after closing on Friday at the lowest level in about a month. Turkey halted oil flows to the Ceyhan export terminal on the Mediterranean coast after a major earthquake. There were no leaks detected on the pipelines feeding oil to the port, according to an official who asked not to be identified. 

Union Jack Oil plc (LON:UJO) is an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector.

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