London (Writing / AP) .- A barrel of Brent crude for April delivery today opened up in the Intercontinental Exchange Futures (ICE) in London and traded at 108.05 U.S. dollars, 2.31 dollars more than at the end of the day above, EFE reported U.S. crude oil price West Texas Intermediate (WTI) rose to $ 93.48 after reaching $ 94.49 momentarily, its highest level since October 2008.
The market is very nervous in view of the violent situation in Libya, which pushes up prices, said an analyst in Singapore. A leading Libyan tribal leader had threatened to cut off oil supplies to Western within 24 hours if not end the violent crackdown on protesters demanding the end of the regime of Muammar Gaddafi, who has 41 years in power.
Many foreign companies are withdrawing their staff from Libya, according to DPA. The North African country, a member of the Organization of Petroleum Exporting Countries (OPEC) produces about 1.6 million daily barrels. 
The market is very nervous in view of the violent situation in Libya, which pushes up prices, said an analyst in Singapore. A leading Libyan tribal leader had threatened to cut off oil supplies to Western within 24 hours if not end the violent crackdown on protesters demanding the end of the regime of Muammar Gaddafi, who has 41 years in power.
Many foreign companies are withdrawing their staff from Libya, according to DPA. The North African country, a member of the Organization of Petroleum Exporting Countries (OPEC) produces about 1.6 million daily barrels.
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