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Friday, February 24, 2006

Crude Oil Soars On Apparent Attack On A Saudi Oil Refinery

Crude Oil soars on apparent attack on a Saudi oil refinery. Oil prices jumper over $2 in overnight trading as a report on al-Arabiya TV that Saudi Arabian military forces stopped a suicide attack at one of the counties largest Oil processing centers. There were reports that 2 car bombs were involved, and there were sounds of gunfire and an explosion in the area of the refinery. Read More....