Oil benefits after Libyan bases shut down
Brent rises after large crude production bases begin shutting down amid a military blockade
20 January 2020 - 13:00
London/Tokyo — Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, risking reducing crude flows from the Opec member to a trickle.
Brent crude was up 37c, or 0.6%, at $65.22 by 9.52am GMT, having earlier touched $66 a barrel, the highest since January 9...
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