Monday, April 25, 2011

U.S. crude up $1 amid Mideast, Nigeria unrest

(Reuters) - U.S. crude oil futures prices rose more than $1 on Monday on the continued threat of supply disruption from Middle East unrest and elections-related violence in Nigeria.

On the New York Mercantile Exchange, June crude CLM1 rose $1, or 0.89 percent to $113.29 a barrel by 9:01 a.m. EDT (1301 GMT), trading from $111.76 to $113.40. (Reporting by Robert Gibbons, Editing by Rene Pastor)

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