Oil prices eye fresh 2-1/2 year highs

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Crude oil prices hold near 2-1/2 year peaks as worries about supply disruption persisted given ongoing unrest in Libya.

U.S. crude rose 0.2 percent to $102.47 a barrel, not far from the recent peak at $103.41, while Brent crude was also 0.2 percent higher at $116.63, closing in on the Feb. 24 high near $120.

Markets worry the growing instability in key Middle East oil producing countries could signal another threat to global supplies.

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