Gasoline Surges on Libyan Concern

Bloomberg reports that gasoline climbed on concern that the disruption curbing exports from Libya will spread to other countries in the region.

The market news is quoted as saying:

Gasoline for April delivery advanced 4.61 cents, or 1.5 percent, to end the session at $3.0295 a gallon in New York. It was the highest settlement since Aug. 27, 2008.

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