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http://finance.yahoo.com/news/Oil-prices-hit-100-per-apf-2875436686.html?x=0
Oil prices hit $100 per barrel
Libya revolt pushes oil past $100 per barrel for the first time since Oct. 2008
NEW YORK (AP) -- Oil prices hit $100 per barrel for the first time since 2008, driven by growing concerns about global supplies, as Libya's Moammar Gadhafi continued to lose his grip on the oil-rich country.
Similar uprisings in Tunisia and Egypt earlier this month already had markets on edge before protests escalated in Libya, which has the biggest oil reserves in Africa. The rebellion widened Wednesday as protesters overwhelmed government buildings and advanced around Tripoli, the capital.
Oil prices hit $100 per barrel
Libya revolt pushes oil past $100 per barrel for the first time since Oct. 2008
NEW YORK (AP) -- Oil prices hit $100 per barrel for the first time since 2008, driven by growing concerns about global supplies, as Libya's Moammar Gadhafi continued to lose his grip on the oil-rich country.
Similar uprisings in Tunisia and Egypt earlier this month already had markets on edge before protests escalated in Libya, which has the biggest oil reserves in Africa. The rebellion widened Wednesday as protesters overwhelmed government buildings and advanced around Tripoli, the capital.
