Oil futures on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange are higher on a contract basis in early trading on Friday, the first day of the third quarter, after Libya s National Oil Corporation expanded a force majeure to two export terminals and an oil field while Norwegian oil workers are set to go on strike July 5th.
Oil futures nearest delivery on the New York Mercantile Exchange were trading near fresh one-month highs and Brent crude on the Intercontinental Exchange at a two-week high late Thursday morning.
Oil futures nearest delivery on the New York Mercantile Exchange and the Brent crude contract on the Intercontinental Exchange were little changed early Wednesday.
Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange moved higher in early trading Tuesday.