(Adds fuel protests, analyst comment, updates prices)
By Jane Merriman
LONDON, May 27 (Reuters) - Oil was near $133 a barrel on Tuesday, after an attack by rebels on Nigerian oil facilities, and as the weak dollar helped to feed the bullish mood.
U.S. crude <CLc1> was up 86 cents at $133.05 a barrel by 1209 GMT. The New York Mercantile Exchange trading floor was closed on Monday for the U.S. Memorial Day holiday.
U.S. crude hit a record high of $135.09 a barrel on May 22.
London Brent crude <LCOc1> was up 24 cents at $132.61. It reached a record high of $135.14 a barrel also on May 22.
Prices rose on Monday when Royal Dutch Shell <RDSa.L> said it was forced to cut production in Nigeria after rebels from the southern Niger Delta blew up an oil pipeline. [
]About one-fifth of Nigeria's oil output has been cut since 2006 due to a series of attacks on pipeline and oil infrastructure.
"The market still looks bullish, the dollar is still weakening and under current conditions it is pushing commodities and oil higher," said Marc Lansonneur, Societe Generale's head of commodities derivatives in Asia.
Oil prices have risen about 40 percent this year, driven by the extended slide in the dollar, plus perceptions that global oil output will struggle to keep pace with demand over the next decade due to disappointing non-OPEC output growth.
Output from Mexico's Cantarell oil field, for example, fell in April to 1.074 million barrels per day, the field's lowest production in years. [
]OPEC, which pumps two in five of every barrels of oil, is not due to meet until September to review its production levels.
OPEC President Chakib Khelil reiterated that the producer group would not meet earlier than that, the website of the Libyan National Oil Corporation (NOC) reported. [
]The Organization of the Petroleum Exporting Countries has been adamant that the market remains well balanced and there is no need to raise production, blaming the rise in prices on financial speculators or other factors outside its control.
But high prices are starting to cause pain for consumers.
Convoys of trucks converged on London on Tuesday to protest over rocketing fuel prices [
], while French fishermen have blocked road and rail access to the fuel depot of France's largest oil refinery at Gonfreville, owned by Total <TOTF.PA>. [ ]."Several airlines have already started to cut back flights and a number of transport companies are under severe stress," U.S. investment bank Merrill Lynch said in a research note.
"We still believe that (U.S.) crude oil prices may spike above $150/bbl in the coming months, but over the long-run the high energy prices will almost surely dent global economic growth."
(Reporting by Jane Merriman and Luke Pachymuthu in Singapore)