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Libya says oil shutdown losses have risen to $560 million

Losses from the closures of Libya's major oil fields and production facilities have continued to increase, surpassing $560 million for a 10-day period, the country's national oil company said. The closures came about when powerful tribal groups loyal to Libyan military commander Khalifa...

Oil falls 2% on spread of China virus

Oil prices fell on Thursday on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting. Brent crude LCOc1 was down $1.29, or 2.16%, at $58.52 a barrel by 1321 GMT, having...