Oil steady before third storm in month
Potential return of output in Libya and continued rise in coronavirus cases cap gains
21 September 2020 - 07:44
Singapore — Oil prices edged higher on Monday as a tropical storm took aim for the US Gulf of Mexico region halting some production, though price gains were capped by the potential return of oil output in Libya and a continued rise in coronavirus cases.
Brent crude was up 9c, or 0.2%, at $43.24 a barrel by 4.30am, while US crude rose 10c, or 0.2%, to $42.21 a barrel...
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