Libyan crisis set to push oil prices up

WORLD oil prices are expected to spike this morning after Libya broke a ceasefire and went back to war.
Oil prices plummeted on Friday - in the case of Brent oil, by as much as $US3 a barrel - after Libyan leader Muammar Gaddafi declared a ceasefire in response to a United Nations Security Council-imposed no-fly zone.
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Source: HeraldSun