Oil recoils on concerns of stalemate of Libya conflict, sudden disruption in Kuwaiti oil exports

14-Apr-11
After two day declines, oil prices have recoiled on concerns of conflict in Libya and supply disruptions in the region. Brent crude rebounded above US$122 on fears that the Libya conflict could settle into a bloody deadlock after an African Union-sponsored peace plan failed, while a sudden disruption in Kuwaiti oil exports due to bad weather has boosted sentiment. ICE Brent crude for May rose to US$122.1.
  More News  Post Your Comment

Previous News

Next News

{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha
Dispenser Pump, Spray Pump

Dispenser Pump, Spray Pump