Oil prices on Tuesday clawed back some of their losses from the previous day as Libya’s National Oil Company declared force majeure on exports from the El Sharara oilfield, which was seized at the weekend by a local militia group.
U.S. West Texas Intermediate (WTI) crude futures were at $51.19 per barrel, up 19 cents, or 0.4 percent, from their last settlement. Libya’s National Oil Company (NOC) late on Monday declared force majeure on exports from the El Sharara oilfield, the country’s biggest, which was seized at the weekend by a militia group. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961
U.S. West Texas Intermediate (WTI) crude futures were at $51.19 per barrel, up 19 cents, or 0.4 percent, from their last settlement. Libya’s National Oil Company (NOC) late on Monday declared force majeure on exports from the El Sharara oilfield, the country’s biggest, which was seized at the weekend by a militia group. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961
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