Oil trades near highest since mid-2015 on Libya pipeline blast

An attack on an oil pipeline in Libya could shrink the country's oil exports by upwards of 100,000 barrels a day. The oil price has risen more than 2.5 percent.

BY HEESU LEE, BLOOMBERG

Oil traded near the highest close in more than two years after an explosion at a pipeline carrying crude to Libya's biggest export terminal curbed the OPEC nation's production.

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