LONDON (Bloomberg) -- Brent crude traded at a one-month low amid signs Libyan oil exports will rebound. West Texas Intermediate was near the lowest closing price in more than a month before oil inventory data. Brent fell as much as 0.5% in London, while WTI was little changed after its longest decline since 2009. Crude stockpiles probably shrank by 2.5 MMbbl last week, a Bloomberg News survey shows. Libya, which has regained control of oil ports seized by rebels, plans to gradually increase exports to avoid disrupting the market, said Samir Kamal, the nation’s governor to the Organization of Petroleum Exporting Countries.
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Brent trades near one-month low with WTI on supplies
![Brent trades near one-month low with WTI on supplies]()
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