On Tuesday Oil prices went higher after Libya's National Oil Company announced force majeure on exports from the El Sharara oilfield, which was taken the past weekend by a local army group.
Notwithstanding that, overall view on oil rates continued uncertain due to concerns over global stock markets and uncertainties that projected supply cuts directed by producer club OPEC will be just to rein in oversupply. U.S. West Texas Intermediate crude futures went up at $51.15 per barrel which is about 0.3 percent.
International Brent crude oil futures went also up at $60.19 per barrel at up about 19 cents from their last conclusion.
May postponed a parliamentary vote for Brexit
Daily Analysis - 11/12/2018