Commodities

Oil prices at 3-week low as rising output risks OPEC-led deal

Oil prices fell to a three-week low on Wednesday on news that Libyan output was recovering from an oilfield technical issue, fueling concerns that OPEC-led output cuts to reduce global inventories were being undermined by producers outside the deal.

Oil prices at 3-week low as rising output risks OPEC-led deal

Oil prices fell to a three-week low on Wednesday on news that Libyan output was recovering from an oilfield technical issue, fueling concerns that OPEC-led output cuts to reduce global inventories were being undermined by producers outside the deal.