Oil prices ease on hopes of Nigeria breakthrough
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LONDON : Oil prices fell slightly in opening deals on hopes of an easing of tensions in Nigeria&#39;s key oil producing region, traders said.
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Oil prices have neared last week&#39;s record high after bouncing back above the $50-a-barrel mark despite a peace deal between rebel gangs in Nigeria.
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OIL prices were easing back from their recent record highs yesterday as the cost of a barrel dipped below the $46 mark.
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Oil prices slid from record highs above  $50 a barrel on Wednesday as the U.S. government reported a  surprise increase in crude stocks and rebels in Nigeria's  oil-rich delta region agreed a temporary cease-fire.
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Oil prices steadied on Tuesday after  steep losses as concern faded over potential supply shortfalls  ahead of winter and Nigerian unions called off a strike that  could have disrupted exports.
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Oil prices eased on Tuesday as fears of supply disruptions receded following a convincing referendum victory in Venezuela for President Hugo Chavez and after Russia&#39;s YUKOS said it had received a government assurance on September ...
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Oil prices slid from record highs above &#36;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 fell back toward $62 on Friday after   OPEC member Nigeria appeared to be alone in its decision to   trim output to stem a two-month price slide.
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NEW YORK: Oil prices pierced the $50-a-barrel mark again last night amid concern over possible conflict in Nigeria&#39;s oil-producing delta region, where a two-day truce between rebel militia and government forces is holding.
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Oil prices are rising as hopes of a rise in production from next week's Opec meeting dwindle.
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NEW YORK, November 12  - Crude oil prices were volatile this morning, briefly rising on concerns regarding potential crude export disruptions in Nigeria due to a nationwide strike.
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Oil prices eased on Friday as OPEC looked set to keep output unchanged at its meeting this weekend, although concern ahead of Sunday's election in Iraq limited the fall.
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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 between rebels and the military in Nigeria&#39;s oil-rich delta region.
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A general strike over a rise in fuel prices brought much of Nigeria to a standstill on Wednesday but oil supplies from Africa's top producer were initially unaffected.
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Oil prices eased on Thursday, trimming gains from a $1 rally the previous day following President George W. Bush&#39;s US.election victory.
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Oil prices eased on Monday after rebels in Nigeria withdrew a threat to target oil operations, but lingering concerns over stretched supplies ahead of winter kept prices close to &#36;50.