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Tuesday, 3 July 2018

Oil rises on Libya force majeure, but demand slowdown holds back market

Oil rises on Libya force majeure, but demand slowdown holds back market

03 July 2018, News Wires — Oil prices climbed on Tuesday after Libya declared force majeure on some of its supplies, although an overall rise in OPEC output and an emerging slowdown in demand held back markets. Brent crude oil futures were at $77.71 per barrel at 0217 GMT, up 41 cents, or 0.5 percent, from …

The post Oil rises on Libya force majeure, but demand slowdown holds back market appeared first on SweetCrudeReports.

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