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Summary After a drop in unemployment in the United States, oil prices escalated to a 30-month high.
During electronic trading in New York, oil prices increased by 80 cents to US$ 108.70 per barrel in the international market. In Europe, oil prices went up to US$ 119.15 per barrel after an increase of 45 cents.Due to the tension in Libya, oil prices in the last two weeks went up by 2.4 percent.
