Riots in Libya in the Middle East pushed up oil prices. In Libya, stopped work on the majority of oil refineries. As a result, the price of oil up to the auction on February 22 in New York rose by 7.37 dollars and reached 93.57 dollars per barrel Thus, oil prices reached in New York to historic highs over the past two years. Even more rapidly rising prices for black gold in Europe, reports inright.ru. April futures price for North Sea petroleum mix of mark Brent on London's ICE exchange rose 72 cents to U.S. $ 106.5 per barrel. Oil is going up against the Arab revolution in the Middle East and the Maghreb. Thus, the demonstration in Libya led to the stoppage of work at most refineries in the country. Oil production in the country declined by approximately 100 thousand barrels per day. Riots in Libya, demanding the resignation of Gaddafi, who runs the country for over 40 years, began on Feb. 16, 2011. The authorities are resisting the protesters: according to some reports, the death toll in clashes over 800 people. For the demonstrations used aircraft. Under the control of the opposition is part of the country to the enemy Al-Qadhafi moved several ministers and diplomats, as well as part of the war. Libya is a country rich in oil. Riots have already significantly affected the cost of hydrocarbons to world markets, which continues to grow.
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