Oil Rises on Libyan, Iraqi Supply Disruption - News Summed Up

Oil Rises on Libyan, Iraqi Supply Disruption


Oil prices rallied Monday as a rebel group in Libya blocked a significant portion of the North African country’s crude exports, forcing production cuts. Brent crude, the global benchmark for oil, advanced as much at 1.3% to $65.72 a barrel, the highest since mid-December, before giving up some gains and trading up 0.4%. The state-run National...


Source: Wall Street Journal January 20, 2020 12:11 UTC



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