USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

140

Oil Prices Eased on Instability in Nigeria

Oil prices fell on concern over falling gasoline supplies

Oil Prices Eased on Instability in Nigeria

Oil prices fell on concern over falling gasoline supplies in the United States and political instability in top producer Nigeria.

U.S. crude fell as much as 36 cents at the start of the Monday session, before reversing course to trade up 18 cents at $57.29 a barrel by 0107 GMT, marking its first gain since Thursday.

NYMEX gasoline led the complex's gain on Monday, rising 1.9 percent to $1.9261 in early trade, after BP said its 260,000 bpd Los Angeles refinery had a fire in a hydrocracker process unit that last about 10 minutes.

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