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Oil slides below $70 as a dispute over Libya's ports ends

7 monthes ago   |   By

REUTERS/Ismail Zitouny
Oil prices fell below $70 on Thursday.
Four previously closed Libyan oil ports reopened.
Follow oil prices in real time here.
Oil prices slipped below $70 on Thursday as markets eyed a potential comeback for output in Libya, where armed clashes near eastern ports have posed major supply disruptions in recent months.
West Texas Intermediate crude , the US benchmark, fell 2% to $69.20 around 11:30 a.m. ET. Brent , the international benchmark, shed 1% to $73.32. Crude had its largest one day drop in more than a year on Wednesday, shedding more than 5% at lows. See the...
Read more ...

 

Oil slides below $70 as a dispute over Libya's ports ends

Oil slides below $70 as a dispute over Libya's ports ends

7 monthes ago   |   By

REUTERS/Ismail Zitouny
Oil prices fell below $70 on Thursday.
Four previously closed Libyan oil ports reopened.
Follow oil prices in real time here.
Oil prices slipped below $70 on Thursday as markets eyed a potential comeback for output in Libya, where armed clashes near eastern ports have posed major supply disruptions in recent months.
West Texas Intermediate crude , the US benchmark, fell 2% to $69.20 around 11:30 a.m. ET. Brent , the international benchmark, shed 1% to $73.32. Crude had its largest one day drop in more than a year on Wednesday, shedding more than 5% at lows. See the...
Read more ...

 


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