Oil Edges Up On Strong China, Euro Zone Data

Libya's oil exports are still close to their lowest levels since the civil war of 2011, with the largest terminals, Es Sider and Ras Lanuf, blocked by protesters for nearly four weeks.

Political crisis in Egypt has also stoked supply worries as the country is home to the Suez Canal and the Sumed pipeline, which together carry around 4.5 million barrels per day of oil between the Red Sea and the Mediterranean.

The Egyptian army has said it will guarantee the safety of the canal and pipeline, but any disruption could have a major impact on oil prices.

(Additional reporting by Christopher Johnson in London, Florence Tan in Singapore; editing by Jim Marshall and David Gregorio)

Copyright 2013 Thomson Reuters.


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