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Reuters reports that on Tuesday, U.S. oil hit a 2-1/2 year high as the unrest in Libya disrupted the OPEC nation’s supplies.
Reuters reports that on Tuesday, U.S. oil surged a two and half high as the unrest in Libya disrupted the OPEC nation’s supplies.
The market news is quoted as saying:
U.S. crude for March delivery, which expires at the end of the session, rose $5.65 to $91.85 a barrel, after touching $94.49 a barrel, which was the highest level since October 2008. The more actively traded April contract gained $5.15 to trade at $94.86 a barrel.
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