(Bloomberg) -- Oil rose as Libyan supply tightened ahead of an OPEC+ meeting on Tuesday to discuss production policy for February. Most Read from BloombergFutures in New York advanced toward $76 a barrel in Asian trading after sliding 2.3% on Friday. The OPEC+ alliance is set to agree to an increase in production next month, a Bloomberg survey shows. Together with the supply lost from the shutter of its Sharara field, that will trim overall output to about 700,000 barrels a day. Most Read from Bloomberg Businessweek©2022 Bloomberg L.P.

Source: Libya Today January 03, 2022 01:30 UTC