Financial Times FT.com

Oil price shows resilience to pipeline attacks

By Miles Johnson and Javier Blas in London

Published: June 26 2009 11:50 | Last updated: June 26 2009 17:57

Oil was little changed on the week as a vacillating market continued to muse on the durability of a rally that has seen crude prices double since February.

Rebel attacks on pipelines in Nigeria, which threaten to disrupt supplies from Africa’s largest exporter of crude, provided a focal point in a relatively thin week for market-moving economic data.

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