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April 19, 2022

Oil Rises As Libya Outage Adds To Supply Woes, Shanghai Prepares To Reopen
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  • Reuters

Oil Rises As Libya Outage Adds To Supply Woes, Shanghai Prepares To Reopen

The Cheap Investor4 years ago02 mins

By Mohi Narayan and Sonali Paul (Reuters) -Oil prices rose on Tuesday as investors fretted over tight global supply after Libya was forced to halt some exports and as factories in Shanghai prepared to reopen post a COVID-19 shutdown, easing some demand worries. Brent crude futures rose 61 cents, or 0.5%, to $113.77 a barrel…

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