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ID: 29052
Title: Oil recovers $57 on U.S. gasoline (Reuters)
Description:

A soldier walks on a platform at the Basra Oil Terminal, off the Iraqi coast in 2006. Some Iraqi oil experts and politicians are aghast over their government's approval of a bill that many fear will deliver the country's oil wealth to international firms on a platter. In February, capping months of bitter wrangling, the Baghdad government approved a draft law that aims to distribute revenue from crude oil exports equitably across Iraq's 18 provinces and open the sector to foreign investors.(AFP/File/Thaier Al-Sudani)Reuters - Oil prices shed early losses to rise back above $57 on Monday on concern over falling gasoline supplies in the United States and political instability in top producer Nigeria.
Category: Business/
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Date Added: March 19, 2007 02:12:54 AM
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