Native American Energy Group Inc. (fka NAGP)

[stonecoldG]

Oil has a big spike as I'm sure you're all aware..

12:55 pm : The indices are in a bit of a holding pattern at the moment, as traders anxiously watch the action in the energy pits where crude futures for May delivery have spiked $1.85 today to $65.93 per barrel.

Prices were up earlier, but by only a modest amount. The recent spike is being attributed to news reports regarding the death of a presidential candidate in Nigeria that have provided an added sense of uncertainty for oil traders who have been fixated on the tension in the Persian Gulf between Iran and the UK.

As one might expect, the uptick in crude futures has given the energy sector (+0.94%) an added boost that has valuted it to the top of the list of today's best-performing sectors.