Egyptian Unrest Sends Oil Prices and Asian Markets Higher

Asian markets rose today with investors piling into oil companies as the price of oil passed the $100 a barrel mark. Hong Kong’s Hang Seng Index inched up 0.2%, the Shanghai Composite Index added 0.3%, and Japan’s Nikkei 225 I…

Oil Prices: Egypt’s Crisis Could Hurt Europe First

Even though no reports of supply disruptions have surfaced, Brent crude hit $100 a barrel in London trading, while U.S. prices hit $92. Europe is more vulnerable because much of its crude flows through the Suez Canal and adjace…