Brent drops below $86/b as Libya re-enters market

18.01.2022

Oil prices were steady on Monday, as investor bets that global supply will remain tight amid restraint by major producers were offset by a rise in Libyan output.

Brent crude was down 12 cents, or 0.1%, at $85.94 a barrel by 1420 GMT. Earlier in the session, the contract touched its...