Above $98 a barrel on Tuesday, political turmoil in Egypt concerns underpinned global oil supply disruptions.
In Europe in the afternoon, August delivery of benchmark crude oil futures rose 37 cents, to $98.36 a barrel in electronic trading on the New York mercantile exchange. Last week the contract jumped $1.43, closed at $97.99.
Mass after the weekend, Monday to continue protests in Egypt, the country's armed forces an ultimatum, demanding the President Mohammed mursi, 48 hours for him, in order to meet the requirements of millions, measures have been taken to seek out the street.
Proposed an ultimatum, rebuffed mursi, the army can completely take over, because it wasn't a dictator hosni mubarak stepped down in 2011. It also puts forward the mursi's islamic risk rally of supporters, including his powerful Muslim brotherhood and hardliners, some of them once belonged to armed groups.
Traders worry that civil war protests in Egypt and Syria are likely to affect the production and transportation, oil supply in the Middle East and north Africa.
"This is all of the above risks, provide loans to support oil prices," from the commercial Banks, according to a report in Frankfurt. "The situation in Egypt may be further upgraded. Although Egypt is not an oil exporter, the Suez Canal and some oil pipelines do important transportation route from north Africa and the gulf region."
In Libya and Nigeria's oil production decline also supporting prices.
Later in the day, investors will in U.S. crude oil and refined oil inventory monitoring of fresh information.
Expected by the end of June 28 week data showed that 3 million barrels of crude oil inventory 1 million barrels, gasoline inventories and build a draw, according to economists polled by platts energy information department of McGraw-hill COS.
American petroleum institute will issue the oil inventory report late Tuesday, the department of energy's energy information administration - market benchmark - the report will be on Wednesday.
In London, brent crude rose 26 cents to settle at $103.26 a barrel on the ICE futures exchange.
In the New York mercantile exchange other energy futures trading:



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