Oil Ends Up as Nigeria Worries Persist
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Crude oil climbed back over $50 a  barrel on Thursday, with worries over the security of Nigerian  supplies supporting prices despite a surprise increase in U.S.  crude inventories.
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Oil prices pushed above $49 a barrel on Monday, approaching record levels as worries about the stability of supplies from Iraq, Nigeria and Russia compounded concerns over low fuel stocks ahead of winter.
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Oil prices pushed above $49 a barrel  on Monday, approaching record levels as worries about the  stability of supplies from Iraq, Nigeria and Russia compounded  concerns over low fuel stocks ahead of winter.
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Oil futures prices rose slightly Monday despite assurances from Middle East countries that they were committed to keeping the market well supplied as a strike began in Africa&#39;s largest exporter of crude.
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London crude prices have hit record highs as Nigeria emerges as the new focus of worries about supply security on world oil markets.
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Oil prices rebounded from a seven-month low yesterday as violence in Nigeria stoked supply concerns.
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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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High-flying oil climbed back over $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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Oil prices rose slightly amid slow trading Tuesday in the aftermath of a U.S. holiday, with hopes that the inauguration of a new president in OPEC member Nigeria would bring a measure of stability to the market.
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Oil prices rebounded higher on Friday, with prices in New York closing above US$50 a barrel for the first time, as traders fretted about Nigerian oil production amid a threatened rebel uprising.
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Crude oil prices have resumed their upward trend amid continuing worries about supplies for the northern hemisphere&#39;s approaching winter.
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High-flying oil held steady on Thursday, with worries over the security of Nigerian supply supporting prices despite a surprise build in US crude inventories.
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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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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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Crude oil rose in New York after reports said unions in Nigeria, the fifth-biggest supplier to the US, called a strike this month to disrupt the country&#39;s oil exports.
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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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London crude prices hit record highs on  Monday as Nigeria emerged as the new focus of worries about  supply security on world oil markets.