Sun, Feb 26, 2006 - Page 10 News List

Crude spikes after foiled Saudi attack

ENERGY Oil prices soared on world markets on Friday as an attempted suicide car bomb attack on a major Saudi Arabian facility reignited global supply concerns

AP , NEW YORK

Oil prices spiked earlier in the week on news that Nigerian militants had attacked a pipeline switching station operated by Royal Dutch Shell PLC and a boat they claimed housed Nigerian military personnel. That, and an earlier attack, has forced Shell to halt the flow of about 455,000 barrels a day.

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