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June 24, 2008
Nigeria Oil output lowest in 25 years
Thanks CNN. that is about 900,000 -1.2M bpd out of the market. In a world where tens of thousands of barrels a day change prices double digits, that is alot. The rebels are winning and there is no sign they will back off. I wonder what would happen if restless minorities in other oil producing states turn on their radio and learn that the Rebels in Nigeria are winning?
Posted by Martin at June 24, 2008 9:56 PM
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