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US crude dips 5 cents, settling at $70.33, as restored Libyan exports offset OPEC supply concerns - CNBC
CNBC | US crude dips 5 cents, settling at $70.33, as restored Libyan exports offset OPEC supply concerns CNBC U.S. crude steadied above $70 a barrel after earlier extending Wednesday's sharp losses as Libya said it would resume oil exports and the market continued to monitor U.S.-China trade tensions. The announcement that Libya's National Oil Corp (NOC) would ... Oil prices steady despite IEA warning of spare capacity limits Spare oil capacity to be 'stretched to limit', IEA warns IEA Warns Outages May Stretch Oil-Output Cushion to the Limit |
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