Friday, April 20, 2007

Oil rises ahead of Nigeria vote, U.S. expiry

(Reuters) - But dealers were reluctant to sell heavily ahead of presidential elections in Nigeria on Saturday, with concerns over its validity as a democratic poll and the possible impact of an unclear outcome or violence on oil flows.

"Geopolitical tension in Nigeria ahead of elections could be supportive," said Makoto Takeda, assistant manager at Bansei Securities in Tokyo.


Read more at Reuters.com Hot Stocks News

No comments: