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N.Y. Oil Rises on Signs Prices Fell Too Far, Nigeria Kidnapping »

Posted by: STONERS 2 years, 5 months ago

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Crude oil rose in New York on speculation that yesterday's 2.4 percent drop in prices was larger than justified, and after oil workers were kidnapped in Nigeria, Africa's biggest producer.

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Comments: 4

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STONERS
May 26, 2007, 10:34 p.m.
Prices in New York fell $1.59 a barrel yesterday, the biggest one-day decline since April 9, after Valero Energy Corp. and ConocoPhillips cut production at refineries in Louisiana and Texas. Three Americans and four Britons were among a group of oil workers kidnapped in Nigeria today, according to U.S. and U.K. government spokesmen.
Avg rating: (+2/-1 1)
77wealthcom
May 27, 2007, 12:56 p.m.
Hi
All this talks about oil and more oil
sounds like a big game, thats going on and on
and round and round.
I don't think oil is running out or going anywhere
I think people should stop worrying about oil.
77wealth.com