The past few months have seen an uptrend in crude oil prices. The relentless unrest in the Middle East is pushing it further up. Brent climbed 1.5% on Monday towards US$116 per barrel after western foorces launched a military campaign against Libya, stoking fears of intensifying violence in North Africa and the Middle-East.
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Wednesday, March 23, 2011
Crude prices continue to rise on relentless unrest in the Middle East
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