Oil prices have surpassed $100 due to a shutdown of a Saudi pipeline. This shutdown has resulted in a tightening of global oil supply.

Further information on this development is available from NewsRadio 740 KTRH.

The shutdown's impact on oil prices is a significant factor in the current market, with prices now exceeding $100. Details of the shutdown and its effects can be found through NewsRadio 740 KTRH.