Oil Prices Surge on Unrest in Egypt

Oil remains the biggest trade — and perhaps the biggest risk for traders — as unrest in Egypt persists. U.S oil prices climbed to over $90 a barrel in the electronic session Sunday night, extending Friday’s 4% gain. March NYMEX crude futures rallied over $1.50 to a high of $90.87 in electronic trading. Brent crude nearly touched $100 a barrel, but rose less than $.50 from the previous close. – CNBC

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