Oil slides after Nigerian oil strike ends
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Oil prices fell on Monday after a Nigerian oil union strike that had threatened to further curtail shipments was suspended at the weekend, although the start of the U.S. summer driving season limited losses.
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Nigerian unions called off a general strike which had jeopardized oil supplies from the world's seventh-largest exporter for four days, but threatened more action within weeks unless the government cut fuel prices.
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Oil prices slid from record highs  above $50 a barrel Wednesday as the U.S. government reported a  surprise increase in crude stocks and rebels in Nigeria's  oil-rich delta region agreed to a preliminary cease-fire with  the government.
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Oil prices ended above $50 a barrel on  Friday amid concern over possible fighting in Nigeria's  oil-producing delta region, where a two-day truce between rebel  militia and government forces was holding.
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LAGOS: A four-day general strike over rising fuel prices has begun in Nigeria, Africa&#39;s largest oil producer. The largest trade union grouping in the country, the Nigerian Labour Congress, said more strikes
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Oil prices tiptoed lower on Tuesday, marking a fourth day of losses as worries over potential supply shortfalls ahead of winter faded and Nigerian unions called off a strike that could have disrupted exports.
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Oil prices tiptoed lower on Tuesday,  marking a fourth day of losses as worries over potential supply  shortfalls ahead of winter faded and Nigerian unions called off  a strike that could have disrupted exports.
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Oil prices slipped below $69 a barrel yesterday after a report that a strike in Nigeria hasn't affected oil exports from Africa's largest crude producer alleviated the market's supply concerns.
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Nigerian unions on Monday suspended a general strike due to start on Tuesday after the government agreed to reduce domestic fuel prices, a union leader said.
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Nigeria's government cuts the price of fuel in a bid to avert a planned general strike by the country's biggest unions.
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A four-day general strike over rising fuel prices has begun in Nigeria, Africa&#39;s largest oil producer. The largest trade union grouping in the country, the Nigerian Labour Congress, said more strikes will
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Oil prices ended above the $50-a-barrel mark on Friday amid concern over possible conflict in Nigeria's oil-producing delta region, where a two-day truce between rebel militia and government forces is holding.
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LAGOS, Nigeria - With world oil prices surging to new highs, union leaders in Nigeria imposed a four-day strike yesterday across this volatile West African nation to protest the rising cost of fuel at home, shutting down huge swathes of the commercial
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Nigeria&#39;s main labor union on Monday lifted its threat of a nationwide strike that would have shut down the oil industry in the world&#39;s No.
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Nigerian unions on Thursday called off a  general strike which had jeopardized oil supplies from the  world's seventh largest exporter for four days, but threatened  more action within weeks unless the government cut fuel prices.
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A general strike to protest against a rise in fuel prices paralyzed most economic activity in Nigeria for a second day on Thursday, but unions spared vital oil exports.
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Oil prices slid toward $49 a barrel  on Thursday after U.S. crude stocks rose unexpectedly and  rebels in Nigeria's oil-rich delta region agreed to a  cease-fire with the government, reducing an imminent threat to  supplies.