Oil hits 2016 highs on Nigeria sabotages, U.S. draw forecasts

By Barani Krishnan NEW YORK (Reuters) - Oil prices rallied for a third straight session on Wednesday to new 2016 highs above $50 (£34) a barrel on relentless sabotage of oil supplies in Nigeria and ahead of U.S. crude inventory data likely to show draws. Data from showing May crude oil imports in China at their highest in more than six years also boosted prices as it fed hopes that energy demand was stabilizing in the No. 2 economy and also the world's second-largest oil consumer. The doll