Crude oil rebounded from a 5 month low to prices above $67 a barrel as the Petroleum and Natural Gas Senior Staff Association confirmed that they will carry out a three day "warning strike" beginning Sept. 13.
Nigeria's two main oil worker unions pledged to strike unless security in the Niger Delta region improves.
If the strike carries on longer, oil supplies from Africa could be further disrupted. Nigeria is Africa's largest producer and has been suffering from various problems this year including kidnappings of employees, attacks on infrastructure and militant action which has cut output by as much as 715,000 barrels a day.
With the latest issue, crude oil for October delivery has gone up 13 cents at $67.45 on the Nymex.
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