Oil Climbs as Libya Unrest Escalates

- March 17th, 2011

Bloomberg reports that crude oil surged the most in three weeks.

Bloomberg reports that crude oil surged the most in three weeks.

The market news is quoted as saying:

Oil rose 3.5 percent after the U.S. signaled it favored allowing foreign intervention against Libyan leader Muammar Qaddafi’s forces.

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