The future of oil prices: oil up due to Libya protests
Crude futures were up to a near-10-day high in Asia Monday, as protests in Libya become more escalating and the U.S. dollar appeared to be pressed by European and Chinese monetary policy. On the New York Mercantile Exchange, light, sweet crude futures for delivery in March traded at $87.38 a barrel at 0650 GMT, up […]
Iran protests push oil above $85
Oil was selling above $85 a barrel Tuesday in Asia due to violent street protests in Iran, which have raised fears crude supplies could be missed from one of world’s biggest supplier. March delivery was up 26 cents at $85.07 for a barrel Benchmark crude, at Singapore time in electronic trading on the New York […]