Sunday, December 1, 2024
Oil hits $68 on Libya force majeure despite pandemic surge- oil and gas 360

Oil hits $68 on Libya force majeure despite pandemic surge

Reuters LONDON – Oil rose to $68 a barrel and hit its highest in a month on Tuesday, supported by disruption to Libyan exports and expectations of a drop in U.S. crude inventories, though rising coronavirus cases in Asia limited gains. Libya declared force majeure on exports from the port of Hariga and said it could extend the measure to