Reuters | Oil rises as Nigerian pipeline leak overshadows supply worries Reuters NEW YORK Oil prices rose about 1 percent on Friday, bouncing a bit from steep falls earlier in the week as a declaration of force majeure in Nigeria prompted some buying in a market still worried about the global crude glut. Brent crude oil LCOc1 was ... Oil Market Abandons Hope of Re-Balancing This Year Oil falls to lowest since November output cut Oil comeback for cut-exempt producers threatens to swamp OPEC |