(Bloomberg) -- Crude oil fell after the flow of Nigerian oil was unaffected by violence during the April 14 local elections in Africa's biggest producer.
At least 21 people were killed during state assembly elections in Nigeria, a week before a presidential vote on April 21. Nigeria was the fifth-largest source U.S. oil imports last year. The country produces low-sulfur, or sweet, crude oil, prized by U.S. refiners because of the proportion of high-value gasoline it yields.
Read more at Bloomberg Commodities News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment