NEW YORK: Oil prices climbed on Wednesday, settling up about 3% after a disruption at Libya's top oilfield added to fears that mounting tensions in the Middle East could disrupt global oil supplies.
Brent futures rose US$2.36, or 3.1%, to settle at US$78.25 a barrel. US West Texas Intermediate (WTI) crude rose US$2.32, or 3.3%, to settle at $US72.70.
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