NEW YORK (Reuters) -- Oil prices rose 2% on Monday, with Brent crude topping $114 a barrel, as outages in Libya deepened concern over tight global supply amid the Ukraine crisis.
Commodities
Oil rises 2% as Libya outages add to Russia supply fears
National Oil Corp. says 'a painful wave of closures' has begun hitting its facilities
Libya's National Oil Corp. has declared force majeure, saying it has become impossible to meet obligations. © Reuters
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