FILE PHOTO: Pump jacks of Wintershall DEA are pictured in Emlichheim near the northern German city of Meppen, Germany, March 9, 2022. REUTERS/Fabian Bimmer/File PhotoLCO +2.75% Add to/Remove from Watchlist CL +2.94% Add to/Remove from WatchlistBy Natalie Grover and Noah Browning(Reuters) -Oil prices rose more than a $1 a barrel on Wednesday after reports of a disruption to Libya's top oilfield added to supply concerns emanating from tensions in the Red Sea. Protests have forced a partial reduction in output at Libya's 300,000 barrel per day (bpd) Sharara oilfield, two engineers told Reuters. Oil prices had climbed around $2 earlier this week after attacks on vessels in the Red Sea by Houthi fighters. Meanwhile, expectations of ample oil supply in the first half of 2024 have contained prices ahead of OPEC+ plans to hold a meeting of its Joint Ministerial Monitoring Committee (JMMC) in early February.
