Crude Oil Rallied Amid Word That Libya Has Halted - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 29 March 2017

Crude Oil Rallied Amid Word That Libya Has Halted

Crude oil trading range for the day is 3102-3212. Crude oil rallied amid word that Libya has halted the pipeline from its biggest field. 

The OPEC member will see output down 252,000 bpd due to armed protests.

OPEC is expected to extend its supply quota plan with Russia through 2017 in hopes of ending the global supply glut. 

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