• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Vietnam Colors

Update Latest Travel News from Vietnam and All Around The World

  • About Us
  • Contact Us
  • Disclaimers
  • DMCA
  • Privacy Policy
  • Submit your story
  • Show Search
Hide Search
You are here: Home / Oil prices gain on Libya, Iraq supply worries

Oil prices gain on Libya, Iraq supply worries

· January 21, 2020 ·

SINGAPORE (Reuters) – Oil prices rose on Tuesday after Libya declared force majeure on two major oilfields following a military blockade and protests escalated in Iraq, raising supply concerns. An oil pump jack of Canadian group Vermilion Energy is pictured in Parentis-en-Born, France, October 13, 2017. REUTERS/Regis Duvignau Brent crude LCOc1 was trading up 11 cents, or 0.2%, at $65.31 per barrel by 0101 GMT. U.S. West Texas Intermediate crude futures CLc1 were up 20 cents, or 0.3%, at $58.74 a barrel. “Rising disruptions in … Libya are likely to keep oil prices well supported in coming days,” analysts from Australia and New Zealand Banking Group said in a note on Tuesday. Two major oilfields in southwest Libya began shutting down on Sunday after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national output to a fraction of its normal level, the country’s National Oil Corp (NOC) said. A document sent to oil traders and seen by Reuters on Monday said the NOC had declared force majeure – a waiver on contractual obligations – on crude loadings from the Sharara and El Feel oilfields in Libya’s southwest. If Libyan exports are halted for any sustained period, storage tanks… Read full this story

  • Crude oil prices gain after big US drawdown, eyes on Opec committee meeting
  • Oil price slips as traders eye supply cut easing at OPEC meeting
  • Oil prices drop on demand recovery fears amid U.S. virus surge
  • Oil Prices Plummet Amid Fears Over US Crude Oversupply
  • Oil Prices Plummet Amid Increase of COVID-19 Cases Across the Globe
  • Crude oil prices dip on surge in Covid-19 infections
  • Oil prices falls on rise in U.S. crude stocks, virus resurgence fears
  • Oil prices rise on weaker dollar ahead of Fed rate decision
  • Crude oil prices fall on worries over fuel demand setback as infections rise
  • Oil slips as traders eye supply cut easing at OPEC meeting
Oil prices gain on Libya, Iraq supply worries have 300 words, post on www.reuters.com at January 21, 2020. This is cached page on Vietnam Colors. If you want remove this page, please contact us.

Primary Sidebar

Recent Stories

  • Mandarin duck returns to Hougang canal without colourful feathers, molts into non-showy plumage
  • A country-by-country guide to S’pore’s new Vaccinated Travel Lanes
  • Shrew hunts down cockroach & bites its head off in brightly lit enclosed area in S’pore
  • Chucky dog costume threatens to make your dog too cute this Halloween
  • Melbourne ending ‘world’s longest lockdown’ as it hits 70% vaxxed rate

Sponsored Links

  • Arrowhead from biblical battle discovered in Goliath’s hometown
  • As plan for new U.S. health agency to speed treatments takes shape, doubts remain
  • Intel’s “secret” Core i9-11900KB uses a different architecture on the 10nm node
  • Elon Musk tweets Tesla Model S Plaid delivery to be delayed until June 10th
  • Asus launches Chromebook Flip CM3, Detachable CM3 laptops
Copyright © 2021 Vietnam Colors. Power by Wordpress.
Home - About Us - Contact Us - Disclaimers - DMCA - Privacy Policy - Submit your story