Browse related articlesOil rallies in volatile trading
Thursday, June 19 - 2008 at 07:14
Crude prices ended sharply higher Wednesday following news that Nigerian oil workers are threatening to go on strike. In a nearly $5 swing from its lows, US crude for July delivery rose $2.67 to settle at $136.68 a barrel on the New York Mercantile Exchange. Oil traded as low as $131.82 shortly after the US government released its weekly inventory report before starting the swift rebound in the afternoon.
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Jeff Florian, Senior ReporterThursday, June 19 - 2008 at 07:14 UAE local time (GMT+4)
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