STEVE INSKEEP, Host: NPR's business news starts with oil prices heading north.</s>STEVE INSKEEP, Host: Prices for a key oil contract, West Texas Crude Oil, are trading at about $100 per barrel. Brent Crude, which trades in London, has jumped to more than $115 per barrel.
The violence in Libya has forced the evacuation of many oil industry workers, and oil production has been cut in half. Prices for a key oil contract are trading at about $100 a barrel.