Sunday, January 19, 2020

Oil surges as Libyan pipeline shutdown cripples output

Brent crude futures were up by 75 cents, or 1.2%, to $65.60 by 0109 GMT, having earlier reached $66.00 a barrel, the highest since Jan. 9. The West Texas Intermediate contract was up by 60 cents, or 1%, at $59.14 a barrel, after rising to $59.73, the highest since Jan. 10.

from Moneycontrol https://ift.tt/36aU39F

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