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Saudi Export Halt Contributes to $3 Oil Jump
Brent and U.S. crude climbed as traders weighed outages at Yanbu and three Libyan oil fields that could keep supply tight for weeks.
Summary by Maritime Reporter
2 Articles
2 Articles
Oil jumps nearly $3 as Saudi export halt, Libya outages stoke supply fears
NEW YORK — Oil prices rose nearly $3 on Tuesday after a report said oil loadings at Saudi Arabia's Red Sea port of Yanbu have been suspended, and Libya halted operations at three oil fields, heightening concerns that disruptions to key oil supply routes could persist for weeks. Brent crude futures were up $2.81, or 2.66 percent, at $108.49 a barrel at 1106 a.m. ET (1506 GMT), while U.S. West Texas Intermediate futures were up $3.29 at $104.68 a …
·Seoul, Korea (the Republic of)
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Coverage Details
Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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