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Commodities Briefing - Categorized | Oil, Price Watch more

Oil rises on concerns about Libya and supplies

Posted on 22 March 2011

Oil prices climbed Monday as energy experts warned that Libya’s oil exports could be off the world market longer than expected, and countries including the U.S. enforced a no-fly zone over Libya.
Here’s a breakdown of how energy prices traded on the New York Mercantile Exchange: Crude: climbed $1.26 to settle at $102.33 per barrel; Heating Oil: gained 2.82 cents to settle at $3.0525 per gallon; Gasoline: added 4.8 cents to settle at $2.9974 per gallon;………………………………………Full Article: Source


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