Crude oil prices nudged higher Friday morning amid renewed fighting in Libya a large oil port.
Libya’s government forces clashed with rebels at Es Sider terminal, putting pressure on already reduced supplies from the nation.
Trading volume remains thin on this day after the Christmas holiday.
U.S. Crude oil for February was up about 50 cents at $56.34 a gallon, staying away from a recent 5-year low near $53.90.
The material has been provided by InstaForex Company – www.instaforex.com