Economy
Oil Futures Rise After Oil Fields Closed in Libya
Oil futures climbed after Libya's National Oil Corporation warned it might declare force majeure due to protesters shutting down oil fields.
··1 min read
Reuters reported that Brent crude futures rose 1.7%, while U.S. crude futures jumped 2.1%, following a statement from Libya's National Oil Corporation saying it might be forced to declare force majeure after protesters closed several oil fields.
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