Oil workers defy French govt
PARIS – FRENCH oil workers are intensifying their fight against President Nicolas Sarkozy’s plan to raise the retirement age to 62 – a conflict that has hobbled transport and sparked scattered gas shortages. Workers piled up tires on Monday in front of the entrance to a refinery at Grandpuits, east of Paris, after authorities issued a legal order demanding that some striking workers re-open the …
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Crude Oil Futures Climb in New York as Dollar Pares Increases Against Euro
Crude oil rose for the first time in three days as the dollar pared gains against the euro and as a strike in France spread.
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World oil prices tread water
Crude oil prices steadied in cautious trading on Monday, ahead of fresh US economic data, and as the under-pressure dollar made some modest gains against the euro, analysts said.
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