Financial Briefs

Breaking financial news from Wall Street to Main Street

Nigerian Oil Workers Strike Could Shut-in 700,000 B/D

Posted by financialbriefs on September 24, 2008

A local branch of the National Union of Petroleum and Natural Gas Workers, or NUPENG, in Nigeria said Wednesday that about 700,000 barrels of oil a day produced by Chevron Nigeria Ltd., a local unit of U.S. oil major Chevron Corp., could be shut-in if the union launched a strike over labor issues.

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