CRUDE OIL TOP NEWS UPDATED BY POWERCOMMODITY

 https://www.powercommodity.co/
https://api.whatsapp.com/send?phone=919917005230
call/whatsapp@8868816161
YASHIKA DIWAN

 

Oil prices gained on Tuesday in Asia and traded near a 5-month high, supported by concerns on disruptions to supplies out of Libya.

U.S. Crude Oil WTI Futures was up 0.2% to $64.54 by 12:10 AM ET (04:10 GMT), the highest level since November 2018.

International Brent Oil Futures inched up 0.1% to $71.19, also the highest level in 5 months.

Khalifa Haftar, a military strongman who controls eastern Libya, reportedly attempted to enter the capital Tripoli. His army continued its push on Sunday and conducted airstrikes on a road leading to the capital. At least 35 people have been killed in clashes since last week, Bloomberg reported.

Libya is a significant supplier of oil to Europe, producing around 1.1 million barrels per day (bpd) of crude in March.

Leave a Reply

Your email address will not be published. Required fields are marked *

Skip to toolbar