Brent falls as Libyan production shrinks

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Source: Bloomberg
The European benchmark Brent crude was traded lower on Thursday trading session, however the WTI-Brent spread narrowed for the sixth successive day as oil production in the Africa's largest crude supplies, Libya, fell to 250,000 barrels per day. Brent for delivery in Mat lost as much as 26 cents to $104.53 per barrel on the London's Ice Futures Europe exchange.

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