Oil prices registered an upward trend after the dollar strengthened and a workers’ strike in Nigeria ended, to be followed soon by a resumption of oil production. US crude meanwhile fell for the third day, dropping by $2.53 to $110.95 a barrel. It was at $110.46 in the previous days, the lowest since April 141.

• 1. “Oil prices slips below $111 a barrel,” Economic Times, May 2, 2008, at http://economictimes.indiatimes.com/Economy/Oilslips_below_111_a_barrel/...