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Oil & Gas Market News Return to Oil & Gas Market News Directory

Oil Climbs as Libya Unrest Escalates

Thursday March 17, 2011, 1:39pm PDT

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.

Click here to access the entire news

Tags: Oil, oil exploration, oil futures, oil market, Oil Market News, oil value


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