Brent rises in USD, offsetting some losses as Libyan exports return | Market discussion



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Brent rose by more than one dollar on Thursday afternoon, after the two-day slide of the previous session, following the resumption of oil exports and rising trade tensions between the United States. and China. Brent crude rose $ 1.23, or 1.7%, to $ 74.63 a barrel after falling 6.9% on Wednesday.

US crude oil futures prices rose 46 cents, or 0.7 percent to 70.84 dollars a barrel. 19659004] The announcement of the National Oil Corporation in Libya reopened 4 export ports, ending the most stubborn confrontation Analysts say the reopening allows the return of 850,000 barrels a day of crude oil to global markets at a time when the growing trade dispute between China and the United States raises concerns about demand.

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