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Old 05-29-2007, 07:19 AM
keymaker keymaker is offline
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Nigerian Strike ends, sinking oil prices by $1

Because of the end of the nigerian crisis the world oil prices sink into as much as $1, according to Dubai oil. The supposed to be 2-day strike has given London Brent crude to $1.01 to $69.70 a barrel. While the US crude fell 80 cents to $64.40. The retreat of the strike was caused by the Nigerian government's move of giving the workers a pay raise and some other benefits.

It is a good sign of relief from the Nigerian Union because the 18 month militant strikes has finally ended and the two day expected strike, did not materialized. Giving us the people of the worl enough reasons to celebrate.

Read the full article at - CNNMoney
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