Oil slips

Oil prices fell Monday on profit-taking and as a ceasefire took hold
in Nigeria, whose crude production has been ravaged by militant
attacks in recent years, analysts said. New York's main contract,
light sweet crude for delivery in December, shed 49 cents to 80.01
dollars a barrel. Brent North Sea crude for December lost 40 cents to
78.52 dollars in early London trade. New York crude oil hit 82
dollars on Wednesday, the highest level since October 14 , 2008 , as
the market took its cue from a slumping US currency.