Oil prices have continued to climb after Libya's Col Gaddafi refused to stand down and investors feared unrest could worsen across the region.
US light, sweet crude was up $0.61 at $96.03 - its highest for two years. It has now risen almost $10 since the start of the week.
Brent crude in London was $1.58 higher to $107.36 in early trading.
Two major European oil companies have suspended production amid continued anti-government unrest in Libya.
Stock markets in Asia were little changed after dropping on Tuesday। Investors said they are gauging the impact of Libyan unrest on the global economy and corporate profit growth.
http://www.bbc.co.uk/news/business-12548471
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment