Brent Prices Lifted By Libyan Kidnapping
October 10, 2013 at 07:28 AM EDT
Geopolitical tension pushed Brent crude oil prices towards $110 after news that Libya's Prime Minister was kidnapped. The commodity traded at $109.86 as concern about new supply interruptions from Libya supported prices. Reuters reported that armed men broke in to Libyan Prime Minister Ali Zeidan's hotel room in Tripoli and
