Monday, June 23, 2008

Oil rises on modest Saudi increase, Nigeria

Oil prices rose Monday on disappointment over Saudi Arabia's modest production increase and concerns that output from Nigeria will decline. Retail gas prices, meanwhile, inched lower overnight, but appear unlikely to change much as long as oil prices remain stuck in their recent trading range.
http://news.yahoo.com/s/ap/20080623/ap_on_bi_ge/oil_prices;_ylt=Aq4weMiMChSF6Py_KfMMwh0V6w8F

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