Oil prices rose slightly during electronic trading in Asia today, which deleted part of the losses from last week.

Subside the concerns about geopolitical crisis in Egypt after the resignation of the country’s president Hosni Mubarak on Friday led to the growth of stock indices during the Asian session today and also supported oil prices.

U.S. light crude for March delivery today traded for a gain of 0.2 percent to 85.73 dollars per barrel. Futures Brent with delivery in April expensive by 0.7 percent to 101.65 dollars a barrel, writes MarketWatch.

Civil unrest in Egypt over the past few weeks has created uncertainty in global financial markets and sent oil prices to two months in bed late last week. The reason for this were concerns about disruption of oil supplies worldwide.

The price of Brent rose more dramatically than that of U.S. light crude because the possible suspension of oil supplies from the Middle East would have more of the countries of Europe than the U.S. where oil reserves remain high.

Oil prices began the week with growth and rising for a second day against the backdrop of civil unrest in Egypt, which raised fears that supplies of crude oil from the Middle East will be disrupted.

Brent crude was trading for about $ 100 a barrel in electronic trading on the London Petroleum Exchange today, marking its highest price levels for the last 28 months, transmit Bloomberg.

This gave rise to anti-government protests in Cairo, which raised fears that unrest in Egypt can lead to unrest in oil exporting countries in the Middle East.

The price of Brent for March delivery rose briefly to 99.97 dollars per barrel in today’s e-session in London, after tens of thousands of protesters took part in demonstrations against the leadership of Egyptian President Hosni Mubarak that continued during the past 30 years.

At 9:00 am GMT Brent limited appreciation with 0.1 percent to 99.49 dollars per barrel.

The last price of this variety is Bola oil over 100 dollars a barrel in October 2008

Meanwhile, U.S. light crude rose by 0.5 percent to 89.76 dollars a barrel after the January 28 price rose sharply by 4.3 per cent.

Since the beginning of January the price of U.S. light crude fell by 2%, which is its first drop in monthly basis for the past five months.