The Curse of Nigerian Oil
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If anything should be apparent by now its that George Bush has seriously failed us. We are enmeshed in war for oil in Iraq. As demand across the world increases in the face of shrinking supply, resource exporters
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By Richard Mably LONDON  - London crude prices hit record highs on Monday as Nigeria emerged as the new focus of worries about supply security on world oil markets.
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There are some signs of progress in resolving the Nigerian conflict that is riling global oil markets. The leader of militia fighters threatening to widen a battle for control of Nigeria&#39;s oil-rich south has
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Oil prices have raced to new record high levels after oil majors evacuated workers in Nigeria and police clashed with suspected Islamic militants in the Saudi Arabian capital, Riyadh.
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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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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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HOUSTON  War in Iraq. Instability in Venezuela. Civil unrest in Nigeria. Governmental wranglings in Russia. With so much uncertainty in so many of the world&#39;s leading oil-producing ...
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A nation-wide strike is under way in Nigeria to protest fuel price increases in the oil-rich west African nation. Reports from Abuja, the Nigerian capital, and Lagos, the country&#39;s commercial cenbter, say
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A FOUR-DAY general strike over rising fuel prices has begun in Nigeria, Africaâs largest oil producer. More strikes will follow if a 25 per cent price increase is not reversed, the largest trade union in
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Astana - London. October 11. KAZINFORM refers to BBC News - Fuel price rises have hit many Nigerians very hard. A four-day general strike over rising fuel prices has begun in Nigeria, Africa&#39;s largest oil producer.
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Nigeria has allocated China&#039;s National Petroleum Corporation licences to prospect in four oil blocks in the country, at an auction in Lagos underlining Beijing&#039;s increasing thirst for sources of energy.
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(120 sec.) Africa's largest oil producer is facing a resurgence of violence and kidnappings driving oil prices up.
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Crude oil in New York approached $70 a barrel for the first time since September after Nigerian unions planned a strike this week, threatening supplies from Africa's biggest oil producer.
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Nigeria Unions Declare Royal Dutch/Shell an &#39;Enemy,&#39; Say Nov. 16 Strike Will Target Oil Exports. President of the Nigerian Labor Congress (NLC) Adams Oshiomhole speaks to journalist in Lagos, Nigeria, Sunday, Oct. 31, 2004.
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Oil prices headed higher after Nigerian locals seized oil pumping stations, with news of an attack on the US consulate in Jeddah, Saudi Arabia, also pushing prices higher, dealers said.
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US oil prices reached a record $50 a barrel on Monday as Nigeria emerged as the latest focus for worries about supply in an already tight worldwide energy market.
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LONDON, England -- Oil prices have surged to historic levels as a threat of civil war in Nigeria adds to concerns over tight global supplies.