Monday, June 25, 2007

Oil slides 1 pct after Nigerian strike ends

(Reuters) - U.S. crude fell 69 cents to $68.45, unwinding half of last week's gains that were also fuelled by concerns U.S. refiners are struggling to meet fuel demand in the world's top consumer.




At the weekend, unions in Africa's top oil producer called off their strike after the government agreed to freeze fuel prices for a year.


Read more at Reuters.com Hot Stocks News

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