Oil posts big weekly loss on weaker US jobs data
The US Labour Department data showed nonfarm payrolls increased by 142,000 in August, below the market expectations
Is there an end in sight for the Libya oil crisis?
The shutdown of crude production in the country may seem like another short-lived crisis, but the situation is more fragile
Oil prices drop despite Libya supply concerns and positive US economic data
Libya's National Oil Corporation said recent oilfield closures have caused the loss of approximately 63 per cent of the country's total oil production
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