Nigeria centre stage as oil traders eye new highs
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High-flying oil prices could set new records this week if rebels disrupt the flow of crude from Nigeria, and are unlikely to fall far even if tensions there ease given global supply strains, according to analysts.
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Oil futures prices advanced to a new high Monday as a strike began in Africa's largest exporter of crude, exacerbating global supply concerns at a time of strong demand and reduced output in the hurricane-ravaged Gulf of Mexico.    Worries about Russian oil supplies also persist as oil giant Yukos, already struggling to repay a multibillion-dollar back-tax bill, got hit Monday with $1.34 billion in fines...
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Crude oil prices in New York remained high Tuesday after Nigerian rebels threatened oil output in the largest African oil-producing country.
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Oil future prices climbed to a new high in New York on Monday as a strike began in NigeriaâAfrica&#39;s largest exporter of crude oil.
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A fresh attack on oil facilities in Nigeria and possible strike action by workers there sends oil prices above $70 a barrel.
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Oil prices set a new record at $53 a  barrel on Thursday on concerns over tight winter heating fuel  supplies and news of an unexpected strike at Nigerian oil  terminals.
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THE Organisation of Petroleum Exporting Countries (OPEC) is hiking its official output by one million barrels per day effective November with Nigeria getting 82,000 barrels per day or 8.2 per cent of the new quota.
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Another round of petrol price rises could be looming after crude oil prices hit the $US50 a barrel mark over the weekend. Oil prices are at their highest in more than 20 years due to supply concerns in Nigeria
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High-flying oil climbed back toward $50  a barrel on Thursday, with worries over the security of  Nigerian supply supporting prices despite a surprise build in  U.S. crude inventories.
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Crude oil continued to move upwards to fresh highs in Asian trade today, hitting a new mark of $52.53 US per barrel as the market took stock of a possible strike in Nigeria and the sluggish revival of output in key Gulf of Mexico oil
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Crude oil futures in New York rose after unions in Nigeria, the fifth-biggest supplier to the US, said they will disrupt the country&#39;s oil exports in an indefinite nationwide strike later this month.
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WASHINGTON -- Oil prices edged higher yesterday amid violence in Nigeria and concerns that OPEC may reduce output when it meets next week, but buying was kept in check by forecasts calling for warmer US weather next week.
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NEW YORK -- Oil futures prices headed to a new high Monday as a strike began in Africa&#39;s largest exporter of crude oil. Crude for November delivery rose 33 cents to $53.
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Oil prices have raced to new record highs above $50 as rebel threats against Nigerian oil facilities threaten to inflict further strain on global supplies.
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Oil prices surge over $76 barrel amid growing concern that unrest in Nigeria will damage exports.
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Crude oil prices began their week higher after oil workers in Nigeria announced over the weekend they will launch an indefinite general strike later this month.
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Brent crude futures on the London oil market reached USD50 a barrel today as Nigerian oil workers went on strike. Nigerian unions launched a four-day general strike to protest rising fuel prices, but oil shipments