Middle East Economic Survey
VOL. XLIX
No 9
27-February-2006
OIL PRICES
Crude Prices Rise On Nigeria Outage, Slide On US Stockbuild
Crude prices rose and fell last week, as traders balanced heightened geopolitical concerns against comfortable and growing US inventories. On 20 February prices surged after militants attacked the Forcados crude export terminal in Nigeria, forcing operator Shell to shut in 455,000 b/d of supplies. They threatened further attacks and took nine oil company hostages,...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!