Oil steadies as traders assess China’s vow, disruption in Libya

Brent for June settlement rose 0.1% to $113.30 a barrel on the ICE Futures Europe exchange at 6:28 a.m. in London. Oil steadied as China vowed to repair the economic damage caused by a spate of lockdowns to combat the spread of Covid-19, and crude supplies from Libya were disrupted. Global benchmark Brent was little … Continue reading Oil steadies as traders assess China’s vow, disruption in Libya