Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1038 Fri. May 04, 2007  
   
Business


Oil above $64


Oil prices rose Thursday after reports of more attacks on oil workers in Nigeria raised worries about supplies.

Light, sweet crude for June delivery rose 40 cents to $64.08 a barrel in electronic trading on the New York Mercantile Exchange at midday in Europe. The contract on Wednesday fell 72 cents to settle at $63.68 a barrel.

Brent crude contract for June delivery gained 59 cents to $66.84 a barrel on the ICE Futures exchange in London.