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Oil Prices Rise as Libyan Crisis Reaches Fever Pitch

By Nathanael Baker on March 18, 2011

Tags: Credit Suisse Group AG, Libya, USD, Barack Obama, Credit Suisse Group, energy costs, fossil fuel prices, Libya crisis, Libya protests, Moammar Qaddafi, oil prices, electricity, food, Libyan government, oil, United Nations

Oil prices shot up this morning on the announcement of the United Nations' planned intervention in Libya, but have since settled down.

Revolt in Libya and Potential Unrest in Middle East Push Oil Prices into "Danger Zone"

By Nathanael Baker on February 22, 2011

Political upheaval in oil producing African and Middle Eastern states could drive the price of gasoline to $5 per gallon this summer in the United States.

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