Oil prices rise amid worries about Nigeria, Iran

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March 13, 2006 09:43

 
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Oil prices rose Monday in Asian trading amid lingering concerns about unrest in Nigeria and the possibility of UN sanctions against Iran. Light, sweet crude for April delivery rose 24 cents to US$60.20 a barrel in electronic trading on the New York Mercantile Exchange. Gasoline increased less than half a cent to US$1.6925 a gallon (3.8 liters).

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