Oil rises slightly, but growing global supply a worry

10 July 2017, New York — Oil prices rose modestly on Monday, but rising drilling activity in the United States and uncertainty over Libyan and Nigerian production cuts clouded the future supply outlook. U.S. crude futures were up 0.7 percent at $44.51 a barrel at 12:36 p.m. (1636 GMT), while Brent crude futures rose 0.6 […] More »