Monday, May 21, 2007

Brent oil near 9-month high on Nigeria, US gasoline

(Reuters) - Brent crude oil steadied over $70 a barrel on Tuesday after rallying to a 9-month high the previous day as more violence in Nigeria heightened worries of further disruptions to supplies.

Benchmark London Brent crude was up 2 cents at $70.51 a barrel by 0200 GMT, after surging $1.07 on Monday on news of an attack on a Nigerian oilfield. U.S. crude was down 2 cents at $66.25, after gaining $1.33 on Monday.


Read more at Reuters Africa

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