Oil Keeps Rally Going.........!!Nytimes.
PARIS — Oil prices continued to rally Thursday, pushing stocks lower in Europe and Asia amid fears that the unrest in Libya could spread to other major Middle East producers.
The benchmark light, sweet crude futures contract touched the key $100 a barrel level in New York on Wednesday for the first time since September 2008. On Thursday, the April contract was at $100.95, up $2.85, in pre-market trading.
In London, the April Brent crude futures contract was at $115.10 a barrel, up $3.80, at midday. Earlier it had risen to $119.79, the highest since mid-2008.
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