Crude oil takes out its panic high of early March, when it spiked in response to the initial...

|By:, SA News Editor

Crude oil takes out its panic high of early March, when it spiked in response to the initial Libyan hostilities, and now sits at its highest price since August 2008. No particular news - the cutoff of Libyan supplies against strong world economic growth continues. May crude is $107.24. Premarket: USO +0.6%