LIBYAN NEWS AGENCY (lana)

BRAKING NEWS

Oil up to highest levels in 2015 with decline of Libya's production.

Published On(2015-05-05 22:07:00)
London, 05.05.2015(Lana) Reuters said oil prices jumped by over one dollar a barrel Tuesday, promoting Brent and light American to reach highest levels since the beginning of the year after protestors stopped flow of oil to Libya's Zawitina oil terminal. The agency quoted National Oil Corporation spokesman, Mohamed Al-Harrari as saying that protestors closed the Zwaitina port pipeline. He added that such act would lead to closure of several oil ports in the east of the country. Brent blend is up by 1.20 dollar to 67.65 dollars the highest since December 8 before retreating slightly to 67.50 dollars by 1215 GMT. American crude oil increased by 1.39 dollars to 60.32 dollars a barrel also scoring its highest since December. =Lana=