Turmn Libya News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Going back to friday, you'll see a sharp increase, $7.40 a barrel up. in london, meanwhile, that's brent oil, which is being described as a very close indicator of the risk in the market. the risk premium in the market as the middle east unrest continues. it's coming off just slightly at 107 pounds a barrel. the -- it's down about 14 cents. so i actually think that may be dollars, not pounds. libya, of course, produces more than 1 1/2 million barrels of oil a day. and as the anti-government protests in libya intensify, other commodity prices are going up, as well. the price of gold has been fl...

The side of the protesters and that gave them a weapons and including ammunition and arms. and that allowed them to take control of the city. but tripoli is a very different scenario and what gadhafi warned about two nights ago there would be civil war in the country if these demonstrations and violence continued. >> updating us from egypt. andrew? now, emily, international oil companies are pulling their employees out of libya. royal dutch shell, and bp have all begun evacuation plans. bp says they're suspending operations as violence continues. they're worried oil production will slow, and...

Down to stable. anti-government protesters there have taken over the eastern city of benghazi. libya's eastern region is home to almost all the country's oil production and the turmoil has sent the price of oil soaring nearly 9% on the nymex. and that's having a marked effect on economies right across this region. emily? well, andreandrew, the turmn libya also hitting european stock markets. here's where they stand at the moment. shares fell sharply this morning on the ftse and in paris, as well. they saw similar fallses. the ftse down 1.4, paris cac down 1.4, the fall in zurich down 1.05%, ...

Colonel gadhafi say don't believe the dogs in the media, i'm still here. andrew? meanwhile, in the eastern part of libya, electricity is still on and gas stations remain open. but the internet has been down for three days and the phone service is poor. ben wedeman has crossed into libya. he witnessed an exodus of egyptian workers crossing back into egypt across an unguarded border. >> reporter: well, the eastern part of the country does appear to be in full control of the anti-gadhafi forces. we saw sort of gaggles of young men with shotguns and ak-47s. they're trying to maintain some sembla...

Boost from the rugby world cup this summer is. scheduled to host seven games and two quarter finals. the world cup released a statement to the newspaper saying it's too soon to talk about the implications for the tournament. the nzx share index down .7%, and the currency dropping by almost 1.8% against the dollar, and 1% against the yen. let's take a look at the broader asian markets, and there has been a sell-off going on this day, pretty much across the board too. certainly the earthquake adding to the general uneasiness in the region, the moment about the geopolitical issues going on in the...