Oil Lower on Signs of Excess Supply, Weak Demand in Europe and Asia
by Reuters
|
Lorenzo Ligato | Monday, July 28, 2014 | 12:37 PM EST
Investors also kept an eye on Libya, where oil production fell nearly 20 percent to around 450,000 barrels per day, as violence continued to rip through Tripoli.
(Additional reporting by Rowena Caine in London, Florence Tan and Theodora D'cruz in Singapore; Editing by Christopher Johnson, Lisa Von Ahn, Diane Craft and Paul Simao)
Copyright 2014 Thomson Reuters. Click for Restrictions.
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