By Mark Shenk
Nov. 3 (Bloomberg) — Crude oil rose after the U.S. government warned that Nigerian militants are preparing to stage a large-scale attack on oil facilities in the Niger delta.
Militants agreed last month to make a coordinated assault in the region that is responsible for most of Nigeria’s oil output, the U.S. consulate in Lagos said. The attack could take place within days and may include 10 to 20 simultaneous bombings of land-based targets and a series of strikes on oil facilities, the statement said.