Oil Rally Stalls as Libya Production Resumes

4 Apr 2017   Libya

Crude-oil futures fell on Monday, snapping a four-session winning streak, after the resolution of output disruptions in Libya brought the recent rally in prices to a halt. U.S. crude futures shed 36 cents, or 0.7%, to $50.24 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, lost 41 cents, or 0.8%, to $53.12 a barrel on ICE Futures Europe. The declines came after oil prices logged their strongest weekly…

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