Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By MTECHTIPS
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

MTECHTIPS;-Crude settles higher amid Libyan output disruption

Wednesday, March 29, 2017 2:26

% of readers think this story is Fact. Add your two cents.

MTECHTIPS;-Crude settles higher amid Libyan output disruption

MTECHTIPS-Crude settled higher on Tuesday, after a severe disruption to Libyan oil supplies supported a rebound in oil prices while comments from officials suggesting OPEC could extend its current deal beyond June lifted sentiment. On the New York Mercantile Exchange crude futures for May delivery gained 64 cents to settle at $48.37 a barrel, while on London’s Intercontinental Exchange, Brent added 55 cents to trade at $51.44 a barrel. Armed factions at the western Libyan oil fields of Sharara and Wafa blocked production, reducing output by 252,000 barrels per day (bpd), about a third of production, a source at the National Oil Corporation (NOC) said on Tuesday. Elsewhere, Iranian Oil Minister Bijan Zanganeh, said a global deal aimed at reducing the glut in supply is likely to be extended beyond June but that time is needed to discuss the subject. The drop in Libyan production, pushed crude prices to a session high of $48.74 a barrel, but prices pilled back later during the session, as investors shifted focus to the elevated levels of U.S. crude inventories. A fresh batch of inventories data from the American Petroleum Institute at 16:30 EDT, and the U.S. Energy Information Administration at 10:30 EDT on Wednesday is expected to show U.S. crude stockpiles rose 1.2 million barrels to an all-time new high

MTECHTIPS-Apply For 2 Days Free Trails Equity & Commodity Tips

WWW.MTECHTIPS.COM

07489294118-119

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).

Comments

Online:
Visits:	1,603,986,367
Stories:	8,151,864