MARKET WATCH: Brent crude for June drops yet holds above $71/bbl

Brent crude oil dropped modestly on the London market Apr. 15 but still settled above $71/bbl following reports of lower Venezuelan and Iranian exports because of US sanctions. Renewed civil unrest in Libya also raised oil supply concerns. Khalifa Haftar’s Libyan National Army continues fighting forces backed by the internationally recognized Libyan government.


Source: News