Overnight news on oil, Libya suspended exports from two of its key facilities
- All oil exports from Libya's eastern al-Hariga and Zweitina seaports have been suspended
- Operations halted
- National Oil Corporation said on Monday a crisis following military strongman Khalifa Haftar's recapture of ports in Libya's oil crescent last month has slashed production by 850,000 bpd and the Copr. has declared force majeure on crude oil loadings at al-Hariga and Zweitina oil terminals
Oil traded higher on the outage news and has pretty much sustained, and added to, the rise in Asia morning