Oil prices fell yesterday in the international market on eased concerns over supply disruptions.Crude prices began sliding on Wednesday after Libya's interim Prime Minister Abdullah Al-Thani declared that authorities had wrested control of export terminals from rebels.Meanwhile, concerns over a possible supply disruption due to Iraq's security crisis have also eased, as the ISIL militants have so far not yet directly threatened the key oil-producing region in the country's south.
News On AIR | July 5, 2014 9:01 AM
Oil prices fall in the international market