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Tuesday, March 22, 2011

Oil prices reached $ 103

Tuesday, March 22, 2011
Crude oil prices in international markets, the coalition forces and air strikes against Libya, the riots in the Middle East region because of increasing concerns about oil supplies worth up to $ 2 earned.

U.S. crude oil price per barrel of $ 1.81 for the month of April by winning the delivery was $ 102.88.

U.S. crude oil price per barrel last week on Friday closed at $ 101.07.

London Brent crude oil price per barrel of $ 1.80 in May, rising at turn-out to $ 115.73.

U.S. crude oil price per barrel sometime during the day transactions for $ 113, the London price of Brent crude oil surpassed 116 dollars.

Libyan leader Muammar Gaddafi's worth of oil prices in winning a long war would be''and''Description of the east will continue to attack rebel-held city of Benghazi is effective.

Last month, the events in Libya, the country's daily oil production of 1.6 million barrels a blow struck.

Investors, Libya and Libya's oil production is international intervention prolonged than anticipated for a long time-performance of the market are concerned.

Capital Economics report, it can be delivered to Tripoli administration granted in sign, indicating the market for a long time to grant''in Libya's oil, oil prices may push the levels of $ 140 in 2008 as''the statement said.

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