oil prices libya crisis today news : How will what has been happening in North Africa affect Britain? Markets are not always right but nor are revolutions. World markets are still reacting to the Arab revolution that started in Tunisia last month.If there is any surprise about these reactions, it is that the markets have moved so little. The price of Brent Crude oil has been remarkably steady during the first weeks of the crisis, at about $105 (£65) a barrel – its peak price was $147 (£91) in July 2008. The price has not reached the level one would have expected in an oil panic.
Indeed, global markets seem to be more influenced by uncertainty about what will happen next, than by any anxiety about oil supply. For the latest updates PRESS CTR + D or visit Stock Market news Today
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