Mon, Jul 6 09:30 AMOil fell to a five-week low of below $65 a barrel on Monday, after posting three weeks of
losses, as doubts over the prospects of an early global economic recovery encouraged
investors to take profit.
But oil's decline could be curbed by news of fresh attacks on oil installations in Nigeria,
Africa's top oil producer.
Nigerian militants said on Monday they had attacked Chevron's Okan oil manifold in the
Niger Delta, a day after saying they had launched their third attack on Royal Dutch Shell's
oil well head.
source :
http://in.news.yahoo.com/137/20090706/748/tbs-oil-falls-below-65-on-economic-gloom.ht
ml
losses, as doubts over the prospects of an early global economic recovery encouraged
investors to take profit.
But oil's decline could be curbed by news of fresh attacks on oil installations in Nigeria,
Africa's top oil producer.
Nigerian militants said on Monday they had attacked Chevron's Okan oil manifold in the
Niger Delta, a day after saying they had launched their third attack on Royal Dutch Shell's
oil well head.
source :
http://in.news.yahoo.com/137/20090706/748/tbs-oil-falls-below-65-on-economic-gloom.ht
ml
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