Oil news9 Jul 2020 22:52
Oil prices slid after Libya restarted an oil field for the first time since January. The renewed pumping activity sparked concerns of a market oversupply. West Texas Intermediate crude fell as much as 4%, to $39.27 per barrel. Brent crude, oil's international benchmark, fell 3.1%, to $41.94 per barrel, at intraday lows.