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Libya Chaos Pushes Oil Over $100 a Barrel

Concerns over global supply
By Nick McMaster,  Newser Staff
Posted Feb 23, 2011 2:14 PM CST

(Newser) – Oil prices topped the $100 per barrel threshold today, as investors hedged their bets against a supply disruption caused by the turmoil in Libya. Crude for April delivery hit $100.01 and then retreated, MarketWatch reports. (Read more $100 a barrel oil stories.)

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