Oil drops with Libya boosting production in coming weeks
by Bloomberg Oct 23, 2020
Crude futures in New York and London declined after Libya’s National Oil Corp. said the country’s output would surpass 1 million barrels a day in four weeks.
West Texas Intermediate crude futures fell 59 cents to $40.05 a barrel and Brent dropped 61 cents to $41.85 a barrel at 10:48 a.m. in New York.
Bloomberg
© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).
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