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UPDATE 7-Oil steadies as focus moves from shortage to surplus

LONDON, July 17- Global benchmark Brent crude oil hit a three-month low on Tuesday as worries over supply disruptions eased and the focus moved to increasing production and potential damage to global growth from the U.S.- China trade dispute. Benchmark Brent crude oil fell 49 cents to an intraday low of $71.35 a barrel, its lowest since April 17, before...

Source: Reuters

UPDATE 6-Oil steadies as focus moves from shortage to surplus

LONDON, July 17- Oil prices stabilised on Tuesday as worries over supply disruptions eased and the focus moved instead to increasing production and potential damage to global growth from the U.S.- China trade dispute. Benchmark Brent crude oil fell 49 cents to an intraday low of $71.35 a barrel, its lowest since April 17, before rebounding to around $72.14, up 30...

Source: Reuters

UPDATE 5-Brent crude oil hits 3-month low as output rises

LONDON, July 17- Global benchmark Brent crude oil hit a three-month low on Tuesday as worries over supply disruptions eased and the focus moved to increasing production and potential damage to global growth from the U.S.- China trade dispute. Benchmark Brent crude oil fell 49 cents to an intraday low of $71.35 a barrel, its lowest since April 17, before...

Source: Reuters

UPDATE 4-Oil steadies on supply outages, U.S. China trade

LONDON, July 17- Oil prices stabilized on Tuesday as worries over supply disruptions balanced signs of increasing production and potential damage to global growth from the U.S.- China trade dispute. Benchmark Brent crude oil was up 15 cents at $71.99 a barrel by 0920 GMT after earlier falling to $71.35, its lowest since April 17. Oil prices have fallen by almost...

Source: Reuters

Oil prices steady after selling off as concerns about supply disruptions ease

Oil prices stabilized on Tuesday as worries over supply disruptions balanced signs of increasing production and potential damage to global growth from the U.S.-China trade dispute.

Source: Reuters

Putin suggests Russia and US could work together to regulate oil prices

Russian President Vladimir Putin suggested that Moscow and Washington could cooperate to soothe volatility in the oil market that has roiled the industry in recent years.

Source: CNBC.com

EXPLAINER-How unstable is Libya's oil production?

TUNIS, July 16- After a relatively stable spell, Libya's oil production has see-sawed again because of a standoff at eastern export terminals and the abduction of two workers at the giant Sharara oilfield. But the risk of further output shocks will linger while Libya remains politically and militarily divided. Libya has the largest proven reserves of oil in...

Source: Reuters

EXPLAINER-How unstable is Libya's oil production?

TUNIS, July 16- After a relatively stable spell, Libya's oil production has see-sawed again because of a standoff at eastern export terminals and the abduction of two workers at the giant Sharara oilfield. But the risk of further output shocks will linger while Libya remains politically and militarily divided. Libya has the largest proven reserves of oil in...

Source: Reuters

EXPLAINER-How unstable is Libya's oil production?

TUNIS, July 16- After a relatively stable spell, Libya's oil production has see-sawed again because of a standoff at eastern export terminals and the abduction of two workers at the giant Sharara oilfield. But the risk of further output shocks will linger while Libya remains politically and militarily divided. Libya has the largest proven reserves of oil in...

Source: Reuters

EXPLAINER-How unstable is Libya's oil production?

TUNIS, July 16- After a relatively stable spell, Libya's oil production has see-sawed again because of a standoff at eastern export terminals and the abduction of two workers at the giant Sharara oilfield. But the risk of further output shocks will linger while Libya remains politically and militarily divided. Libya has the largest proven reserves of oil in...

Source: Reuters