Oil jumps 3% on supply disruption worries as tensions rise in the Middle East
Oil jumped more than 3% on Wednesday following reports of a supply disruption at a major Libyan oil field due to protests. West Texas Intermediate (CL=F) traded as high as $72.90 per barrel during the session. Brent (BZ=F) crude touched $78.42 per barrel. The shutdown of El Sharara, a site which…
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