World Awash in Oil Shields Markets From 2008 Price Shock

Fighting across Iraq, Libya, Ukraine and Gaza, and an accelerating economy, should mean higher oil prices. Six years ago, oil soared to a record $147 a barrel as tension mounted over Iran's nuclear program and the world economy had just seen the strongest period of sustained growth since the 1970s. Now, West Texas Intermediate, the U.S. benchmark price, has traded below $100 for 10 days and