THE WALL STREET JOURNAL
MARCH 9, 2009, 10:17 P.M. ET
Oil prices jumped to a two-month high as the recent militant attack on a Nigerian oil pipeline sharpened supply concerns while the market weighs the prospects of another OPEC production cut.
But while the crude market eyes another run at $50 a barrel, persistent worries about oil demand could make it tough to hold on to such gains.
The price of light, sweet crude for April delivery rose $1.55, or 3.4%, to settle at $47.07 a barrel on the New York Mercantile Exchange, the highest since Jan. 6.
Oil continued the momentum from last week, marking an intraday high just short of $49 a barrel, as traders considered another output cut when the Organization of Petroleum Exporting Countries meets in Vienna on Sunday.
![[Potential OPEC Cut Lifts Oil Prices]](https://i0.wp.com/s.wsj.net/public/resources/images/OB-DG565_cmdled_D_20090309101029.jpg?resize=262%2C174)
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OPEC Secretary General Abdalla Salem El-Badri
The market got a further boost earlier Monday after Royal Dutch Shell PLC was forced to halt deliveries from the Forcados export terminal following the recent militant attack on a Nigerian oil pipeline.
“OPEC is having an effect but the equity markets are a big driver,” said Kyle Cooper, director of research at IAF Advisors in Houston. “I think we’re going to be very constrained for a while — holding above $50 a barrel is going to be really tough.”
In other commodity markets:
NATURAL GAS: Prices settled at a fresh six-year low on a mild temperature outlook, expectations for weaker demand from industry and a surplus of the fuel in storage as winter’s end approaches. The April contract fell eight cents, or 2%, to $3.865 a million British thermal units.
GOLD: Prices fell under pressure from profit-taking, a stronger U.S. dollar and an earlier stock rally. Thinly traded nearby March gold shed $24.40 to settle at $917.70 an ounce on the Comex division of the Nymex. The most-active April contract fell $24.70 to settle at $918.
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This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
