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dj pussy · 10-11-2004, 04:38 AM

SINGAPORE: Oil prices stayed on the boil above $53 a barrel on Monday, bolstered by persistent anxiety over Opec member Nigeria and the nearly month-long loss of a quarter of US Gulf of Mexico production, traders said.

US light, sweet crude oil futures were hovering near last week's all-time high of $53.40 a barrel, trading down one cent at $53.30 by 3:48 am GMT.

10-11-2004, 04:38 AM
dj pussy Confirmed User Join Date: Jul 2003 Location: google Posts: 1,440	Oil boils above $53 a barrel ! SINGAPORE: Oil prices stayed on the boil above $53 a barrel on Monday, bolstered by persistent anxiety over Opec member Nigeria and the nearly month-long loss of a quarter of US Gulf of Mexico production, traders said. US light, sweet crude oil futures were hovering near last week's all-time high of $53.40 a barrel, trading down one cent at $53.30 by 3:48 am GMT.