Friday, 4. March 2011
Topic: POLITIK - on March 4, 2011 at 10:59:00 AM CET
Oil prices rise again on further Libyan fighting
Oil prices rose more than a dollar this morning as fighting in Libya intensified.
Brent crude climbed as high as $116.20 a barrel, up over 1%, amid fears that the crisis could spread from North Africa to oil-rich countries in the Gulf. A Libyan warplane dropped bombs just beyond the walls of a military base held by rebels in the eastern town of Ajdabiyah but did not hit it, Reuters reported.
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