USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

157

Oil Price: Up and Down

Oil prices fell back yesterday after rebels ...

Oil Price: Up and Down

Oil prices fell back yesterday after rebels in Nigeria withdrew a threat to target oil operations.

US light crude dropped 27 cents from Friday?s record settlement price of $50.12 to trade at $49.85 a barrel, less than a dollar below record highs hit last week.

At IPE London?s Brent crude fell 37 cents to $46.25 a barrel.

Prices eased as oil companies considered returning evacuated workers to Nigeria?s oil-producing delta region following a peace deal signed by a rebel militia on Friday.


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