News Report: Oil Price Hit $98 A Barrel Due To Libya Protest

Oil prices rose slightly to near $98 a barrel Friday in Asia amid signs the crisis in Libya may have cut crude supplies less that previously estimated.Benchmark crude for April delivery was up 36 cents at $97.64 a barrel at midday Singapore time, after falling as low as $96.39 earlier in the session, in electronic trading on the New York Mercantile Exchange. The