Angel Broking's report on Crude OilOn Tuesday, Crude prices found some support earlier in the session after two large crude production bases in Libya began shutting down. However, ample of supply from rest of the producers around the globe evaded the supply distress arising from Libya. Even the interim trade deal between U.S. & China couldn’t support the prices as most of the tariffs are still on the table. OutlookRest of the producers around the globe offsetting the supply shortage arising from Libya Coupled with rising Dollar might weigh on Crude prices. On the MCX, oil prices are expected to trade sideways today.

Source: Libya Today January 22, 2020 05:48 UTC