Tuesday, February 22, 2011

GLOBAL MARKETS-Stocks fall, oil gains on Libya fears

U.S. crude at 30-Month Highs is a fear Unrest May Spread

* Global stocks fall as oil Concerns Prompt Growth Worries

* extends the Euro Gains Against the U.S. dollar is a hawkish ECB talk

* Government debt Prices Gain is a safe-haven buying (Adds close of European stocks, Latest Developments, Libya)

By Herbert Lash

NEW YORK, Feb 22 (Reuters) - World stocks Fell on Tuesday as a Growing Revolt in Libya Drove Crude Prices Thurs 1930-Month Highs, prompting the Fears Unrest Could Spread Thurs Other major oil suppliers in the region and harm Global Growth.

Crude Prices surged in New York and London, M Prices for North Sea Brent LCOc1 Touched $ 108.57 a barrel before Paringa somethings Gains. For details see [ID: nLDE71L0ZE]

Gold steadied Prices Above $ 1.400 an ounce and Base Metals Fell as Concerns about oil supplies cooled the appetite for risky assets as Perceived and Drove investors into safe-haven assets Such as Bullion and government debt.

Muammar Gaddafi vowed to die in Libya as a Martyr in a television address on Tuesday as rebel troops said Eastern Regions HAD Turned against him in a Growing Revolt. [ID: nL3E7DM0K1].read more stories at http://www.reuters.com

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