Oil price falls again as ample global supply seen offsetting Libyan outage
Oil prices edged lower on Wednesday, extending the previous session`s drops, as investors continue to shrug aside the impact of almost all of Libya`s crude production being off-line.
Brent crude was down 13 cents, or 0.2%, at $64.46 a barrel at 0119 GMT, after dropping 0.3% on Tuesday. Photo: Reuters