Abdullah Al-Thinni

Brent crude oil looked set to finish the week on a loss after news that the Libyan government had reached a deal with rebels holding some of the nation’s oil export terminals and that they were set to reopen. The commodity fell to $111.03 at 5:10 GMT on Thursday with the crisis in Iraq...

Brent crude oil approached $110 on Thursday morning after more data from the US painted a healthy picture of the number one oil consumer’s economy. The commodity traded at $109.89 at 6:30 GMT as investors kept an eye on tension brewing in both Ukraine and Libya amid the improving demand outlook...