Energy news

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Oil rises, gold eases lower

Libya nerves lift oil prices Libyan officials announced several force majeure on oil deliveries overnight, as expected. With export terminals effectively shut down due to protests or occupation, oil prices edged higher, helped by the Ukrainian comments that Russia’s eastern assault had begun.

19-04-2022 05:32 GMT by Jeffrey Halley

Libya nerves lift oil prices

Oil prices are around 1.0% higher today in Asia as trading resumes after the Good Friday holiday. In thin trading, oil closed modestly higher on Thursday, and today, Brent crude has risen to USD 112.75 a barrel, and WTI to USD 108.00 a barrel.

18-04-2022 06:06 GMT by Jeffrey Halley