Oil climbs to highest on Libya conflict
World BusinessApr 1, 2011
NEW YORK (AP) ― The price of oil rose to a 30-month high on Thursday as fighters loyal to Moammar Gadhafi pushed back rebels from key areas in eastern Libya.Benchmark West Texas Intermediate crude rose $2.45, more than 2 percent, to settle at $106.72 a barrel on the New York Mercantile Exchange. At one point it hit $106.83, the highest it’s been since September, 2008. In London, Brent crude rose $