TL;DR CNBC

Oil prices flat as Libya restarts production, North Dakota output slowly recovers

Publishing timestamp: 2024-01-23 15:44:34

Summary

The article discusses how oil prices were largely flat due to various factors such as the restart of production in Libya, slow recovery of oil output in North Dakota after a winter storm, reports of a proposed pause in fighting in Gaza, and a potential rescue package in China to boost its struggling stock market. It also mentions the ongoing conflict in Gaza and the attacks on commercial vessels in the Red Sea by Houthi militants in Yemen.

Sentiment: NEUTRAL

Tickers: @CL.1,  @LCO.1, 

Keywords: oil and gas,  business news,  ice brent crude (apr'23),  wti crude (mar'23), 

Source: https://www.cnbc.com/2024/01/23/oil-prices-fall-as-investors-monitor-supply-threats-libya-production-restart.html