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Middle East protests spread to major oil-producing countries

Brent crude reaches its highest price since September 2008

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

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