NS: Oil rises to near $99 amid Libya supply disruption
oil rises to near $99 in Asia as chaos engulfs Libya, disrupting crude supplies
(AP) — Oil prices rose to near $99 a barrel Thursday in Asia as chaos in Libya disrupted crude supplies from the OPEC nation, and traders worried instability could spread to oil-rich countries in the Middle East.
Benchmark crude for March delivery was up 72 cents at $98.82 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract, which has soared...
