Middle East Economic Survey
VOL. LIV
No 9
28-Feb-2011
WTI Climbs Through Week, Brent Nears $120/B As Libya Violence Dominates Market
Crude oil prices traded above $100/B during the week as alarm spread throughout global markets over events in Libya where popular unrest against the near 42-year rule of Colonel Mu'ammar al-Qadhafi has become increasingly violent. Most oil companies operating in Libya have been forced to shut-in some production and evacuate their personnel. The price of WTI...
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