Crude Oil Under Pressure
 22nd NOV 2006

Crude-oil futures came under pressure yesterday after a siege at an oil facility in Nigeria ended and doubts that the Organization of the Petroleum Exporting Countries will decide to cut production further at its meeting next month resurfaced.   Crude for January delivery was last down 92 cents at $58.05 a barrel on the New York Mercantile Exchange on its first full day as a front-month contract. It traded as low as $58.

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