Wednesday, May 30, 2007

Oil above $68 after new attack in Nigeria

(Reuters) - Oil was steady above $68 on Wednesday after a new attack on a Nigerian pipeline illustrated the uphill task the new president faces to restore lost output in the world's eighth biggest crude exporter.

Energy appeared immune to a 6.5 percent drop in China's main stock index that buffeted other Asian and European markets.


Read more at Reuters Africa

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