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Oil Higher as Libya Output Drops

Oil prices rose on Thursday, extending two days of increases as supply disruptions in Libya lifted the market, although bloated U.S. Crude inventories curbed gains.

Prices for front-month Brent Crude Futures LCOc1, the international benchmark for oil, were at $52.53 per barrel at 0659 GMT, up 11 cents from their last close.

In the United States, West Texas Intermediate (WTI) crude futures CLc1 rose 17 cents to $49.67 a barrel.


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Sunset sky with profiled oil and gas well pump

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Oil Higher as Libya Output Drops


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