Oil prices surge on Nigeria supply worries

NEW YORK: Oil prices rose solidly on Thursday for a second day running amid worries about curtailed supplies from Nigeria and more signs of strength in the US economy.New York's main contract West...

By

AFP

|

March 28, 2014

Oil prices surge on Nigeria supply worries

NEW YORK: Oil prices rose solidly on Thursday for a second day running amid worries about curtailed supplies from Nigeria and more signs of strength in the US economy.

New York's main contract West Texas Intermediate (WTI) for delivery in May rose 1.02 from Wednesday to 101.28 a barrel. Brent North Sea crude for May added 80 cents to stand at 107.83 a barrel in London trade.

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