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Nigerian violence raises crude oil prices

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Published: Feb. 20, 2006 at 8:23 AM
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LONDON, Feb. 20 (UPI) -- Violence in Nigeria's oil-producing region drove up the price of crude oil Monday by more than 2 percent.

London's futures markets for the benchmark Brent blend rose $1.60 per barrel to $61.35, MarketWatch reported.

A London-traded April light sweet crude-oil contract surged $1.52 to $62.70 a barrel.

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