Nigerian talks may aid oil price
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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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Nigeria's top energy adviser says oil extraction partnerships with foreign firms should be reviewed.
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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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The Organization of Petroleum Exporting Countries wants oil prices to fall faster to an ideal price of around US$30 a barrel, and will discuss whether to increase production at a meeting next month, the group&#39;s president said Thursday.
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LONDON, Sept 30  - Oil prices resumed their march towards 50 dollars in New York on Thursday even as peace talks were set to resume in major producer Nigeria and following an unexpected rise in US crude inventories.
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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 $50.
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The price of crude oil ends slips back  below $50 but unease remains over tensions in Nigeria's southern region.
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Security is improving in  Nigeria's oil-producing delta and oil companies are considering  a return for evacuated workers following a peace deal signed by  a rebel militia, industry sources said on Sunday.
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A rebel fighting for autonomy in  Nigeria's oil-producing Niger Delta said he would meet  President Olusegun Obasanjo on Wednesday to discuss terms to  end violence that helped push crude prices to record highs.
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Nigeria's main oil workers unions will meet with President Olusegun Obasanjo in Abuja to try to end the unrest threatening oil companies in the Niger Delta, labour leaders said.
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Oil prices ended above $50 a barrel amid concern over possible fighting between rebles and the military in Nigeria&#39;s oil-rich delta region.
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Rising tension in Nigeria has pushed US crude oil futures to the psychological $50 a barrel level in New York. Prices rose 36 cents in electronic trading Monday evening to touch $50, the
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Oil prices pierced the $50-a-barrel mark again today amid concern over possible conflict in Nigeria's oil-producing delta region.
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A revolt in the African state is threatening to disrupt the country&#39;s most important export. Christian Allen Purefoy reports from Lagos on the latest conflict driving up the price of crude.
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ABUJA, Nigeria -- With oil prices recently dipping to seven-month lows, OPEC's president said Thursday that the group is considering an emergency meeting to discuss the possibility of cutting output.
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An African-based investment analyst says further rises in global oil prices are likely, given the growing possibility of civil war in the world&#39;s sixth-largest oil producer, Nigeria.
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The leader of a Nigerian rebel militia,  whose threats to the nation's oil industry have lifted world  oil prices, said peace talks would resume on Thursday following  a truce agreed with the government.