NIGERIA

U.S. stocks rose on Monday for the fourth day after billionaire Warren Buffett financed the $23 billion takeover of Wm. Wrigley Jr. by privately held mars, and investor Kirk Kerkorian bought a stake in Ford Motor Co.

Natural Gas gained on Friday boosted by oil gains that spurred prices of the heating industrial fuel.

Gold edged higher on Friday after two-day slump, as energy cost increased and the U.S. dollar gained against other major currencies.

Nigeria is expected to lose around 50 percent of its current oil production as strike by workers and attacks by rebels have forced its two biggest oil firms, Exxon Mobil and Royal Dutch Shell, to close its oil production, pushing oil prices near all-time high on Friday.

Crude oil rose more than $2 on Friday as rebel attacks hit a pipeline in Nigeria and strikes at an Exxon Mobil refinery in Africa and an Ineos Group refinery in Scotland may reduce supplies to the market.

Crude oil fell more than $2 on Thursday as the dollar gained, lessening demand for commodities and prompting profit taking sales.

Crude prices surpassed $119 a barrel on Tuesday as a labor clash in a refinery in Scotland and Nigeria output disruptions raised fears that demand will soar.

U.S. crude oil prices jumped today above the record high of $115.54 posted on Thursday, as a sabotage in a pipeline in Nigeria rose concerns that demand may increase.For the first time, oil futures...

Crude prices rose to a new record high on Tuesday as the dollar fell and supply disruptions from major oil exporters to the U.S. were announced today.

World's largest tax advisory, audit and consultancy services provider, PricewaterhouseCoopers (PwC) has suggested that the emerging markets like India and China is fast becoming the hub of global economic activity with China likely to outpace the US by 2025.

Commodity Online BAGHDAD: Iraqi officials on Tuesday said oil output operations would be back to normal by today, after the bomb attack cut production and exports by about 100,000 barrels per day.

By Edward Tapamor Peak oil is a reality. It may take a generation for al the effects to be played out but they will be played out. They will never be solved by current economic thinking, because it was current economic thinking that caused it.

Commodity Online NEW DELHI: Indian firms NTPC and Essar have decided to participate in oil and gas exploration in Nigeria.

Crude oil futures rose to another record on Monday on the falling dollar, a decreased chance for an OPEC output hike, and downbeat U.S. manufacturing and spending reports.

Oil futures surged to a new record on Thursday as reports showed more signals of an economic slowdown in the U.S., the dollar fell against the euro and Nigeria reported a partial shutdown in production.

Oil rose towards $101 a barrel on Thursday, trading within sight of its record high, as the U.S. dollar sank to a new low and after a supply cut in Nigeria, Africa's top exporter.

Oil prices fell back on Wednesday from a record of $100.10 a barrel on speculation U.S. crude stockpiles will rise.

Oil prices on Friday declined amid fears that the US economy is headed for a recession that may result into decreased demand for oil despite US being the largest energy consumer.

Oil fell on Wednesday after results from the weekly inventory report showed U.S. crude oil supplies fell.

Crude Oil rose over $2 on Tuesday as investors predicted that a report from the U.S. government tomorrow report will indicate a fall in oil inventories.

Oil halted a three-day slide to rise above $96 a barrel on Tuesday on expectations of a continuing drop in crude stocks in top consumer the United States and signs OPEC will not raise output.