Crude touches multi-year highs; trading at $ 102.6/bbl

Crude prices touched multi-year highs on news of an air-stike near Libyan oil terminals. Investors remained concerned on worries that the Libyan turmoil may spill over to other oil producing nations.

March 03, 2011 / 08:09 IST

Crude prices touched multi-year highs on news of an air-stike near Libyan oil terminals. Investors remained concerned on worries that the Libyan turmoil may spill over to other oil producing nations. The NYMEX prices have shot up to USD 102 while Brent is trading around the USD 116 levels. Currently it is trading at USD 102.61 per barrel.

first published: Mar 3, 2011 07:57 am

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