Even though no reports of supply disruptions have surfaced, Brent crude hit $100 a barrel in London trading, while U.S. prices hit $92. Europe is more vulnerable because much of its crude flows through the Suez Canal and adjacent pipelines.
Continue reading Oil Prices: Egypt’s Crisis Could Hurt Europe First
Oil Prices: Egypt’s Crisis Could Hurt Europe First originally appeared on DailyFinance on Mon, 31 Jan 2011 13:20:00.