Because of the events in Libya oil prices in Europe exceeded 117 U.S. dollars

Oil prices on the London Stock Exchange crossed over $ 117 a barrel At the opening of trading on Monday, 7 March, prices rose by 1.23 dollars to $ 117.2 per barrel, reports bfm.ru. In electronic trading of the New York Mercantile Exchange price of black gold rose to 106.17 dollars per barrel. Recall, from 15 February in Libya's provinces held protests to demand removal of the Muammar Gaddafi, ruling the country for over 40 years. Oil supplies from Libya to cancel the background of increasing tension in the country, falling oil production, the impact of international sanctions and the rising costs of trucking.