Monday, June 18, 2007

Oil firm above $72, near 10-month high on Nigeria

(Reuters) - Oil prices ticked lower but held firm near 10-month highs on Tuesday after a general strike threat by Nigerian unions and further violence in the delta helped extend the market's gains to a fourth session.

London benchmark Brent crude edged 10 cents lower to $72.08 a barrel by 0214 GMT after touching intra-day peak of $72.25 on Monday, its highest since August 28.


Read more at Reuters Africa

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