(Bloomberg) -- Crude oil was little changed after a
nationwide strike of oil workers in Nigeria ended, easing concern
supplies from Africa's biggest producer would be further
disrupted.
The strike, which began June 20 after the government failed
to reverse an automobile fuel price increase, halted commerce and
drove up the country's gasoline prices sixfold on the black
market. New York oil prices rose the past two weeks partly on the
threat of strikes in Nigeria, where violence has already shut
down about a third of production.
Read more at Bloomberg Energy News
nationwide strike of oil workers in Nigeria ended, easing concern
supplies from Africa's biggest producer would be further
disrupted.
The strike, which began June 20 after the government failed
to reverse an automobile fuel price increase, halted commerce and
drove up the country's gasoline prices sixfold on the black
market. New York oil prices rose the past two weeks partly on the
threat of strikes in Nigeria, where violence has already shut
down about a third of production.
Read more at Bloomberg Energy News
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