OilPrice.com | Oil Rises as Fighting Intensifies Around Libya's Biggest Port Bloomberg Oil traded above $60 a barrel amid concern about Libyan supply after government forces struck Islamist militias close to the nation's largest terminal at Es Sider. Brent moved between gains and losses in London. Libya's government said its action was ... You call that a budget deficit? Oil trades above $60 a barrel on renewed confidence Saudi Arabia keeps spending, despite oil drop |