Saudis 'foil oil facility attack' by al Qaeda

The BBC reports.

Oil security analysts have estimated that a serious attack on the facility could halve Saudi exports for up to a year.

On news of the attack, the price of crude oil for April delivery leapt as much as 3.4% to $62.60 a barrel on the New York Mercantile Exchange, its biggest gain since 17 January.

This is what Simon Jenkins calls "a trivial crime".
-------------------------------------------------------------------------------------