Oil dips on possible reuturn of Libyan production
Brent loses ground, but support comes from the tropical storm threatening to disrupt output in the US Gulf of Mexico
21 September 2020 - 12:02
London — Oil prices fell on Monday, weakened by the possible return of Libyan production and as rising coronavirus cases stoked concern about global demand, though the market drew support as a tropical storm threatened to disrupt output in the US Gulf of Mexico.
Brent crude was down 78c at $42.37 a barrel by 9.09am GMT, set for its biggest daily drop in two weeks. US crude fell 84c to $40.27 a barrel...
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