Bloomberg | Brent Oil Closes Near $50 as Nigeria Output Rises Despite Strife Bloomberg s oil wells 7 and 8 and three trunk lines belonging to Nigerian Petroleum Development Corp., according to tweets from an account claiming to represent the militants. Attacks this year helped to cut Nigeria's monthly oil output to about 1.45 million ... Forecasts call for renewed oil price drop as production steps up Oil prices edge up as Brent pushes further above US$50 Oil steady as market seen in balance, but slow Asian demand hurts |