"Today the focus should turn to crude oil (supply) with the main input being the renewed attacks by Nigerian militants on oil installations," said Petromatrix analyst Olivier Jakob.
He added that with the sharp losing streak seen over the last six days, he would "expect to see more short covering starting to materialise when/if the attacks are confirmed by the operators".
Their claim was not immediately verifiable by the Nigerian authorities.
At 9.31 am, London Brent crude for June delivery was up 60 cents at 65.05 usd. Meanwhile,
PIN/ABCMONEY.CO.UK
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