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Oil slips below $110 as supply worries easeBrent crude oil fell below $110 a barrel on Wednesday on reports some Libyan oil exports might soon resume and on news the Seaway crude oil pipeline had shut, halting shipments from the U.S. Midwest to the Gulf Coast. About half o More… |
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Libya boosts stake in Circle OilLibya Oil Holdings has raised its stake in Circle Oil, a global oil and gas exploration and development company, to 29.66 per cent with an investment of £19 million ($33.5 million), thus becoming a major shareholder in the company. Libya O More… |
