Share:Oil prices were mixed on Monday over investor supply worries from unrest in OPEC member Kazakhstan and with the political impasse in Libya, although increases were capped by rising daily COVID-19 omicron variant cases. International benchmark Brent crude was trading at $81.72 per barrel at 0646 GMT with a 0.03% fall after closing the previous session at $81.75 a barrel. American benchmark West Texas Intermediate (WTI) traded at $78.89 per barrel at the same time for a 0.01% fall after it ended the previous session at $78.90 a barrel. Prices were volatile during Monday’s trading, with investors trying to balance concerns over supply disruptions in Kazakhstan and Libya, and the rapid spread of omicron. Highlighting the fragility of crude supply, the turmoil in Kazakhstan put upward pressure on prices.

Source: Libya Today January 10, 2022 19:32 UTC