106 95 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Market. last week, the price touched $106.95. now, a look at london trading and brent crude that was also up earlier, but, again, has fallen back slightly. that is now $115.50 a barrel. last week, it peaked at almost $120 a barrel. now, egypt's stock exchange has been closed for nearly six weeks, and the date for its reopening keeps on getting pushed back, as egypt continues to go through political convulsions, is this prolonged shutdown good for the stocks of companies that are there or not? joining us on the phone from cairo is the egyptian finance minister. mr. radwan, why haven't you ope...

And some members of the u.n. security council are now pushing for a no-fly zone. that unrest has sent oil prices soaring but after hitting a 29-month high of $106.95 yesterday, the price of crude oil has now come back slightly as you can see, it's trading a fraction above $104 in new york. according to a report in the financial times, opec members such as nigeria, kuwait and the united arab emirates have agreed to provide many more barrels a day. saudi arabia has been boosting its output by 700,000 barrels of oil a day. in the meantime, the price of another commodity, gold, is nearing record h...

And earlier on wednesday, he appeared on libyan state tv giving a taped speech accusing the u.s., britain, and france of trying to exploit the rebellion to steal the country's oil. >> translator: therefore this is leading to a dangerous plot by those countries in order to fill their colonialist aspiration to control our oil. they already control it of the gulf, iran. iran still hasn't been taken. >> now, as we've been reporting for weeks now, the continuing struggling in libya is certainly pushing oil prices higher. in the last few days, they've cooled off swla. on monday, prices in new york t...