Middle East protests spread to major oil-producing countries

A man holding an Egypt flag during a demonstration

Brent crude for March delivery was up half a percent to $103.1 at 9:50 UK time, after a week in which protests spread from Egypt to Arab countries with significant oil production.

In Libya, which produces 2% of the world's oil, there were protests yesterday in Baida, Benghazy, Zenten, Derna, and Ajdabiya, and at least 24 protesters were killed by Libyan security forces, according to Human Rights Watch. Further actions are expected today after the funerals. The last few days of demonstrations are