Oil prices eased on Friday from record highs after oil unions in OPEC member Nigeria said a two-day wildcat strike would pass without any impact on exports.
US light crude on Friday traded down 67 cents to US$52 (N$343) a barrel after touching US$53 on Thursday. London Brent dropped 62 cents to US$48,28 a barrel.Prices fell as a senior union official said a two-day strike by Nigerian oil workers at Royal Dutch Shell Group Strong demand growth, particularly in China, has helped oil surge 60 per cent this year, drawing Opec to pump at a 25-year high.-Nampa-ReutersLondon Brent dropped 62 cents to US$48,28 a barrel.Prices fell as a senior union official said a two-day strike by Nigerian oil workers at Royal Dutch Shell Group Strong demand growth, particularly in China, has helped oil surge 60 per cent this year, drawing Opec to pump at a 25-year high.-Nampa-Reuters
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