(Reuters) - Oil surged above $72 a barrel on Monday to a 10-month high as a general strike loomed in Nigeria and attacks on oil installations cut more supply from the world's eighth largest exporter.
Low U.S. gasoline inventories at a time of peak summer demand, a possible oil workers' strike in Brazil next month and OPEC's reluctance to boost oil output are also helping to boost the market, analysts said.
Read more at Reuters Africa
Low U.S. gasoline inventories at a time of peak summer demand, a possible oil workers' strike in Brazil next month and OPEC's reluctance to boost oil output are also helping to boost the market, analysts said.
Read more at Reuters Africa
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