Spain's Repsol gets crude oil price lift, Venezuela breakthrough

Higher oil prices boosted third quarter profit at Spanish oil major Repsol, which also managed to recoup some of the money it had been unable to access due to a crisis in Venezuela. A more than 40 percent rise in the price of crude helped Repsol's exploration and production business, outweighing a drop in refining income and contributing to an 11 percent rise in adjusted net profit, the company said on Wednesday. More…