Wednesday, May 16, 2007

Crude Oil Declines Below $63 a Barrel on Reports Nigeria Protest is Ending

(Bloomberg) -- Crude oil fell amid reports that protestors in Nigeria plan to end their occupation of a facility run by Royal Dutch Shell Plc.

Crude oil for June delivery fell 35 cents to $62.82 a barrel on the New York Mercantile Exchange at 11:35 a.m. in London. Brent crude for June settlement declined 23 cents to $67.88 a barrel on the ICE Futures exchange.


Read more at Bloomberg Energy News

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