Thursday, June 21, 2007

Oil steady as U.S. crude stocks cushion Nigeria risk

(Reuters) - London benchmark Brent crude , currently seen as the best indicator of world oil prices, rose 6 cents to $70.28 a barrel by 0348 GMT, after slipping 20 cents on Thursday. U.S. light crude eased 7 cents to $68.58 a barrel.




Union leaders in Nigeria vowed to extend their strike to protest against a rise in fuel prices to a third day on Friday, after talks with the government ended in a stalemate.


Read more at Reuters.com Hot Stocks News

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