Article Image
News Link • Economy - Economics USA

Oil Soars

• AP via Yahoo

NEW YORK (AP) -- The price of oil rose to a 30-month high on Thursday as fighters loyal to Moammar Gadhafi pushed back rebels from key areas in eastern Libya.

Benchmark West Texas Intermediate crude rose $2.45, more than 2 percent, to settle at $106.72 a barrel on the New York Mercantile Exchange. At one point it hit $106.83, the highest it's been since September, 2008. In London, Brent crude rose $2.25 to settle at $117.20 per barrel.

 

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


Free Talk Live