Friday, August 3, 2007

Crude Oil Rises on Report Gunmen Attack Boats Near Nigerian Oil Terminal

(Bloomberg) -- Crude oil rose after a reported that
Nigerian gunmen attacked two boats near an offshore terminal in
the Niger delta.

At least three men were killed during the attack, the
British Broadcasting Corp. reported, citing unidentified
security officials. Since last year, about a quarter of oil
output in Nigeria, Africa's largest producer, has been halted by
militant attacks.


Read more at Bloomberg Commodities News

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