News from The Associated Press: "NEW YORK (AP) -- The price of oil rose to a 30-month high on Thursday as fighters loyal to Moammar Gadhafi pushed back rebels from key areas in eastern Libya.
Benchmark West Texas Intermediate crude rose $2 to $106.27 a barrel in midday trading on the New York Mercantile Exchange. At one point it hit $106.77, the highest it's been since September, 2008. In London, Brent crude rose $2.03 to $116.98 per barrel."
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