Oil up above $100 on Russia, Libya supply risks

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Oil prices edged above $100 a barrel Tuesday on supply concerns tied to the possible widening of sanctions against Russia and the prolonged difficulties of Libya’s oil industry. By early afternoon in Europe, benchmark oil for May delivery was up 50 cents to $100.10 in electronic trading on the New York Mercantile Exchange. On Monday, the Nymex contract added 14 cents to close at $99.60. More business news Toyota case shows it’s hard to prosecute execs Associated Press Efforts to conceal the extent of dangerous car defects at Toyota were so…

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