| 18.03.2011 - Oil jumps on fears over Libya and Bahrain |
| Crude oil prices have recovered from their Japan-related losses after surging on Thursday above $115 a barrel amid fears of an escalation of the conflict in Libya. As the United Nations Security Council was nearing agreement to impose a no-fly zone on Libya, Tripoli said it would attack military and civilian targets in the Mediterranean in retaliation to any foreign strike..............................................Full Article: Source |