Bloomberg | Oil Near $49 Amid Libya Supply Cuts, Slowing Chinese Demand Bloomberg Libya's biggest oil field is said to have reduced crude production by more than 30%. Supplies are being disrupted by security threats and tension among port workers. Bloomberg's Yousef Gamal El-Din reports on 'Bloomberg Daybreak: Europe.' (Source: ... Oil prices flat, bounce off lows on Libya supply questions Oil trades near $49 a barrel as Libyan crude supply is disrupted Oil Prices Inch Higher As Libya Closes Crude Export Terminal |