News Wrap

IN TODAY'S News Wrap: Brent above $60 in 2015 high; Santos cuts Surat Basin CSG jobs; Former Eni CEO faces Algerian kickback allegations; and Germany jumps on fraccing train.

Brent hits new 2015 high

Brent crude ended up above $US60 a barrel on Friday, marking a new high for 2015.

"Brent settled the session up $2.24, or nearly 4%, at $61.52 a barrel," Reuters reported.

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