Oil Updates — Crude prices rise on US supply concerns; Libyan oil production at 1.2m bpd : vimarsana.com

RIYADH: Oil prices rose for a second day on Tuesday as a key pipeline supplying the US, the world’s biggest crude consumer, remained shut and on expectations loosening COVID restrictions in China, the second-biggest user globally, will boost demand. Brent crude futures rose $1.03, or 1.32 percent, to $79.02 per barrel by 08.10 a.m. Saudi time, while US West Texas Intermediate

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