Libyan Rebels Advance on Strategic Oil Town

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Opposition forces in Libya have been making steady advances in their campaign to take down the regime of Moammar Gadhafi, with the backing of NATO-led airstrikes.
On Monday, the rebels pushed their way into Brega, a strategic oil town on the eastern coast.

"We're advancing. By today we'll have full control of Brega," rebel fighter Salam Idrisi, 42, told the Associated Press. "We're more organized now, and that's played a big role."

The opposition has also benefited from Libyan military officers who have defected and are now providing training and coordination.
In Benghazi, hundreds of women and children took to the streets this weekend to show support for the opponents of the regime. 

Meanwhile, an envoy for Gadhafi informed Greece's prime minister Sunday that the embattled leader was searching for a way to end his country's two-week crisis. 

"From the Libyan envoy's comments it appears that the regime is seeking a solution," Greek Foreign Minister Dimitris Droutsas said in a statement after the meeting in Athens.

The unrest in Libya is keeping oil prices high. On Monday, the cost of crude oil rose to over $108 a barrel.
Investors fear the uprising in the region could spread to even larger oil producers like Saudi Arabia.

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