Crude Supply

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Crude Supply - Total results - 2
Oil rises on supply worries, while coronavirus-led demand concerns ease; tensions in Libya cut oil exports by 1 million bpd
Business

Oil rises on supply worries, while coronavirus-led demand concerns ease; tensions in Libya cut oil exports by 1 million bpd

The ongoing conflict has cut oil exports by 1 million barrels per day (bpd), while losses from the oil blockade have exceeded $1.6 billion.

Oil slips back toward 18-month lows on oversupply, global economy concerns; crude price falls 40% since October
Business

Oil slips back toward 18-month lows on oversupply, global economy concerns; crude price falls 40% since October

Oil prices reached multi-year highs in early October but have fallen almost 40 percent since then and are now approaching their lowest levels for 18 months.