Stock index futures pointed to a higher open on Wall Street on Friday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.3-0.4 percent.
Oil climbed to its highest level in 2- years on Friday as supply cuts stemming from attacks on Libyan oil fields offset demand concerns spurred by a major aftershock in Japan.
Oil prices ended at 2-1/2-year highs on Thursday as supply worries tied to fighting in Libya and Middle East turmoil overshadowed demand concerns spurred by a boost in euro zone interest rates and as a major aftershock struck Japan.
The prime minister of Turkey Recep Tayyip Erdogan said he is working on a roadmap to end the bloody civil war in Libya, after Turkish officials have held discussions with both members of Moammar Gaddafi’s government and officials of the rebel faction.
America “is in serious, serious trouble,” said 2012 presidential hopeful Donald Trump.
The tiny nation of Lebanon, squeezed between Syria to the east and Israel to the south remains untouched by the spirit of revolution sweeping across the Middle East and North Africa.
Brent crude futures dipped on Thursday, as investors worried after five days of gains that oil had become expensive enough to crimp economic growth and cut demand.
Brent crude futures dipped on Thursday after five days of gains, hovering around $122 a barrel on concerns that strong prices could crimp demand, with the European Central Bank lifting rates to control inflation.
Rebel forces in eastern Libya allege that thirteen of their soldiers were accidentally killed by at least four missiles fired during a NATO air strike.
It is said that behind every successful man is woman, however Libyan leader Moammar Gadhafi has two wives, a doting daughter, hundreds of gun toting female guards, a Ukrainian nurse and female supporters behind him.
Gold is the world's most stable asset and the best gauge of inflation. The National Inflation Association (NIA) says this brand new breakout in the price of gold leads us to believe that the Federal Reserve is getting ready to unleash QE3 at the end of June.
The rebel forces in Libya, whose vanguard has been blunted by fierce attacks by Gaddafi, have accused the NATO of failing to stop crucial supplies to the government forces.
Brent crude oil prices rose to a 2-1/2-year high above $123 a barrel on Wednesday before erasing the majority of gains in volatile trade as market players fretted the recent rally was overdone.
Turkey wants Moammar Gaddafi to step down as the ruler of Libya, according to the Turkish Foreign Ministry, in the wake of discussions with both Libyan government officials and representatives of the opposition.
Livejournal, the popular blogging site, is has been reporting distributed denial of service attacks over the last week, and some are blaming the Russian government.
Moammar Gaddafi has sent U.S. President Barack Obama a three-page letter in which he asked the western coalition to stop bombing Libya.
Donald Trump is the most sensational candidate to informally announce his candidacy for the 2012 presidential election.
Angelina Jolie, who is in Tunisia doing charity work, appeared with a new tattoo on her left arm.
Libyan gunmen are reportedly shooting sub-Saharan refugees who seek to escape Libya by boat, according to a report in the UK newspaper The Independent.
A former U.S. politician plans to meet with Libyan leader Moammar Gaddafi in Tripoli in order to propose a peace plan, according to CNN.
Oil prices hit fresh peaks on Wednesday, rising to their highest since August 2008, buoyed by unrest in the Middle East and North Africa and dollar weakness ahead of an expected European Central Bank interest rate rise.
Oil prices hit fresh peaks on Wednesday, rising to highest since August 2008, buoyed by unrest in the Middle East and North Africa and dollar weakness ahead of an expected European Central Bank interest rate increase.