Hike in Oil Rates

Nigeria's oil production down amid fears of the price of crude oil in Asian trading on Friday recorded faster in Africa's largest oil producing country. Nigeria.

New York's main contract, West Texas intermediate crude for February delivery rose 44 of 99.54 dollar per barrel sents. Similarly, the price of Brent North Sea crude oil for February delivery rose $ 111.30 as sents 4 barrel.

Singapore International Energy Consultant in peruvian & getz, senior real-Victor shum said oil prices due to the political supply issues. supply remains the major issue, he said that in addition to Nigeria Iran. strike to disrupt oil supplies because of Nigeria's oil workers strike.. fifth day of strike today.