Sunday, April 22, 2007

Oil steady, supplies unaffected by Nigerian poll

(Reuters) - London's Brent crude rose a marginal 1 cent to $66.50 a barrel by 0126 GMT, pausing from Friday's 55 cents gain, which came as investors covered short positions ahead of an election they feared could spur more violence against the oil industry.

U.S. crude for June delivery fell 18 cents to $63.93 a barrel after rising a sharper 79 cents on Friday.


Read more at Reuters.com Hot Stocks News

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