Oil rises above $133 on Nigeria, North Sea (Reuters)

An employee places back a gas nozzle after filling up a tank at a petrol station in Manila May 24, 2008. Oil edged up on Friday, recovering from a strong bout of profit-taking in the previous session when it traded above $135 a barrel for the first time. (Cheryl Ravelo/Reuters)Reuters - Oil rose above $133 on Monday due to lingering supply concerns from key oil producer Nigeria and a partial shut-in at the North Sea oilfields.


 

More

  • Japan gasoline price hits record above 180 yen/litre

    TOKYO, July 9 (Reuters) - Japan's retail regular gasoline prices jumped to a record high above 180 yen per litre due to soaring crude oil prices, a research body said on Wednesday.

  • When you see the Fed relying on tools that haven't been used since the Depression, it's alarming.

    The Fed made an emergency quarter-percentage-point cut to its discount rate to 3.25 percent on Sunday and expanded lending to a wider range of big financial firms, in the first such move since the ...