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Oil rises above $ 55 a barrel
Mon, 10 Apr 2017 11:38:31
Crude oil continued to rise above $ 55 a barrel on Monday, supported by a new closure of the largest fields of Libya and rising tensions due to Syria after the US missile attack.
The oil Libyan source said the spark field closed on Sunday after the group disrupted a pipeline linking it the oil port of the corner. The work has resumed field in early April after a hiatus week.
He said Carsten Fritsch of Commerzbank "is still the sudden and frequent production ceased support for oil prices source."
It rose Brent crude 42 cents to $ 55.66 a barrel by 0840 GMT, while US crude rose 33 cents to $ 52.57 a barrel.
Oil also went up with the growing tensions in the Middle East region, which pumps more than a quarter of the world's oil production. Crude rose last week after the United States fired missiles at a Syrian government air base.
The field already closes the spark for a week until the second of April. The pumping of Libya, a member of OPEC, a small percentage of production capacity due to the conflict and unrest since.
http://www.jumhuriya.news/news.php?id=10317
Mon, 10 Apr 2017 11:38:31
Crude oil continued to rise above $ 55 a barrel on Monday, supported by a new closure of the largest fields of Libya and rising tensions due to Syria after the US missile attack.
The oil Libyan source said the spark field closed on Sunday after the group disrupted a pipeline linking it the oil port of the corner. The work has resumed field in early April after a hiatus week.
He said Carsten Fritsch of Commerzbank "is still the sudden and frequent production ceased support for oil prices source."
It rose Brent crude 42 cents to $ 55.66 a barrel by 0840 GMT, while US crude rose 33 cents to $ 52.57 a barrel.
Oil also went up with the growing tensions in the Middle East region, which pumps more than a quarter of the world's oil production. Crude rose last week after the United States fired missiles at a Syrian government air base.
The field already closes the spark for a week until the second of April. The pumping of Libya, a member of OPEC, a small percentage of production capacity due to the conflict and unrest since.
http://www.jumhuriya.news/news.php?id=10317
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