The world prices continue growing over the disorders in the Middle East, mainly in Libya, and fears over international oil supplies, Associated Press reports.
The April futures price for Brent Crude Oil at the InterContinental Exchange Futures increased by $5.47 and reached $111.25 per barrel, RIA Novosti reports.
The April futures price for Light Sweet Crude Oil at the New York Merchantile Exchange rose by $2.68, reaching $98.1 per barrel.
Oil prices in London and New York reached their highest in the last 2.5 years on Wednesday. Brent exceeded its peak of $110 per barrel and Light Sweet hit $100, although the price dropped slightly.
The Libyan populace has been protesting since February 15 against Muammar al-Gaddafi, who has been in power for 42 years. International organizations say that 640 people have been killed and up to 4,000 injured.
