Crude oil futures rose on Tuesday on news that production had stopped at Libya's largest oilfield. The Sarir and the nearby Messla oilfields in Libya were shut because of a power cut, dealing another blow to exports from the embattled OPEC member nation. Brent April crude (LCOc1) was up 52 cents at $59.42 a barrel at 12:24 p.m. EST. Traders awaited U.S. oil inventory data due later on Tuesday from industry group American Petroleum Institute, and from the government on Wednesday, to see if crude stocks posted another increase last week.
via Business News http://ift.tt/1BJt1Ff
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