Brent Crude Declines as Libya's Crisis is Coming to an End

Brent crude oil declined in Asia Monday as Libya's geopolitical tensions, which began in February and has suspended oil production in the major oil exporter to Europe, have shown signs of coming to an end. The front-month contract of Brent crude oil fell to as low as 106.15 from Friday's close of 108.62.

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Brent Crude Declines as Libya's Crisis is Coming to an End