Inside these posts: Libya

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Gold rises above $1,430 an ounce

Gold rose above $1,430 an ounce on Tuesday, supported by clashes in Libya, but remained well off the previous session’s record high as a retreat in oil prices prompted some investors to cash in gains in the metal. Get the full story »

U.S. may tap oil reserves as gas prices rise

The U.S. government reiterated that it could tap its strategic oil reserves in order to safeguard economic growth as surging gasoline prices increase pressure for action. Get the full story »

Oil settles at 2-1/2 year high on Libya violence

Oil rose to settle at its highest level since August 2008 Wednesday after an airstrike near Libya’s oil infrastructure raised more fears the OPEC nation’s oil sector could become a target in embattled leader Muammar Gaddafi’s efforts to hold power. Get the full story »

U.S. oil holds near $100 a barrel

Oil prices held near $100 a barrel Wednesday amid investor concern that the unrest in Libya could spread across the Middle East. The benchmark U.S. oil contract, West Texas Intermediate, was up 39 cents to $100.02 a barrel for April delivery. Get the full story »

Oil volatility index jumps on Libya as prices fly

Many option investors bet on higher oil prices and more volatility on Tuesday as the latest wave of unrest in the Middle East engulfed Libya. Get the full story »

Oil prices jump 4% amid unrest in Libya

Oil prices surged more than 4 percent early Monday as anti-government protests in the Middle East and Africa intensified, raising worries about possible supply disruptions.

Crude oil for April delivery gained $3.40, or 3.8 percent, to $93.11 a barrel after earlier jumping as high as $93.75. Oil prices have been trading in a range between $88 and $94 a barrel since the start of the year. Get the full story »