Money | $100 a barrel oil Libya Chaos Pushes Oil Over $100 a Barrel Concerns over global supply By Nick McMaster Posted Feb 23, 2011 2:14 PM CST Copied Lybia's President Moammar Gadhafi gestures during a meeting at his tent during the Africa and South America Summit in Porlamar, Margarita Island, Venezuela, Saturday, Sept. 26, 2009. (AP Photo/Abdel Magid Alfergany) Oil prices topped the $100 per barrel threshold today, as investors hedged their bets against a supply disruption caused by the turmoil in Libya. Crude for April delivery hit $100.01 and then retreated, MarketWatch reports. Read These Next Defense officials react to Hegseth's Quantico meeting. President asks nation's top generals to loosen up. Government shutdown is here. Here's what to expect. Colorado wants to give 'peace of mind' on Hunter S. Thompson. Report an error