|
 NEW YORK (AP) - Oil closed above $69 a barrel, a nine-month high, and gasoline futures also rose Monday after Nigerian oil unions called a strike for this week.
Retail gas prices, meanwhile, continued their decline despite analyst predictions Friday that they would fall no further.
Nigerian oil unions called a general nationwide strike to begin Wednesday in protest of a government price hike on automobile fuel. Also supporting energy prices were attacks on two Nigerian oil facilities by angry villagers and gunmen, which cut oil output.
|