By Ben Sharples
Brent is poised
for a second monthly advance amid separatist violence in Ukraine that erupted
after Russia annexed the Black Sea peninsula of Crimea in March. Ukrainian
President-elect Petro Poroshenko has vowed to wipe out the rebels after winning
office on May 25. Ukraine is a conduit for Russian oil and natural gas supplies
to Europe.
Troops killed
“dozens” of fighters in Donetsk without suffering any losses, Ukraine’s
Interior Minister Arsen Avakov said yesterday, while the mayor’s office in the
eastern city said 40 people died and 31 were wounded.
The U.S. State
Department “warns U.S. citizens against all travel to Libya and recommends that
U.S. citizens currently in Libya depart immediately,” it said by e-mail.
Turmoil has reduced the nation to the smallest producer in the Organization of
Petroleum Exporting Countries.
Protesters in
the east of the country shut the recently re-opened oil terminal of Hariga, Oil
Ministry Director of Measurement Ibrahim Al Awami said by phone from Tripoli
yesterday. Petroleum Facilities Guards members aligned with federalist rebels
stopped loadings to protest the appointment of Ahmed Maiteg as the new prime
minister, he said.
Credit:
Bloomberg.com
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