in late June , but this was due to maintenance and expansion work at an oil terminal near Basra , '' said Carsten Fritsch , an oil analyst at Commerzbank in Frankfurt .
US West Texas Intermediate -LRB- WTI -RRB- crude futures for January delivery droppedMovement.down.loss0.51 % to $ 57.07 a barrel .
Oil exports from Libya have droppedMovement.down.lossto a trickle in recent months , removing as much as 1.4 million barrels per day -LRB- bpd -RRB- of high-quality , light crude from the oil market and underpinning prices for other grades such as North Sea oil .
Https://www.reuters.com/news/archive/GCA-Commodities/article/us-markets-oil/brent-dips-below-111-libya-says-oil-crisis-is-over-idUSKBN0F81IA20140703 LONDON ( Reuters ) - Brent crude futures droppedMovement.down.lossUSD87 .04 a barrel on 1986 after Ukraine declared an end to an oil crisisCrisisthat has squeezedCause.movement.down.lossexports from the Russia .
LONDON ( Reuters ) - Russian use for diesel is expected to have droppedMovement.down.lossin 2015 for the first quarterly dipMovement.down.lossin 14 months , the International Energy Agency reported on Thursday , the latest sign of slowdownSlow.weakin the fuel market .