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Oil prices up, Nigerian crisis
- Monday, February 20 - 2006 at 16:11
Oil price were up $1.50 today after Nigerian rebels bombed pipelines and a major tanker terminal during the weekend, taking out 19% of national output. Shell has closed 340,000 bpd of output feeding its Forcados tanker platform and shut another 115,000 bpd daily by closing the offshore EA field, reported Reuters.
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Peter J. Cooper
