Oil Falls Again As Amply Global Supply Seen Offsetting Libyan Outage

www.oann.com | 9/17/2019 | Staff
vegdancer18vegdancer18 (Posted by) Level 3
TOKYO (Reuters) – Oil prices edged lower on Wednesday, extending the previous session’s drops, as investors continue to shrug aside the impact of almost all of Libya’s crude production being off-line amid plentiful supplies elsewhere.

Brent crude was down 13 cents, or 0.2%, at $64.46 a barrel at 0119 GMT, after dropping 0.3% on Tuesday. U.S. oil fell 16 cents, or 0.3%, to $58.22 a barrel, having declined 0.3% the day before.

Libya - National - Oil - Corporation - Monday

Libya’s National Oil Corporation on Monday declared force majeure on the loading of oil from two major oil fields after the latest development in a long-running military conflict saw forces...
(Excerpt) Read more at: www.oann.com
Wake Up To Breaking News!
Speaking only as an infidel......
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!