Iran Blasts, Libya Disruption Prompt Short-Covering in Oil

Explosions in Iran that killed more 100 people at a memorial and reports of protests disrupting output at Libya's 300,000-barrel-a-day Sharara oilfield kindled a short-covering rally in oil futures, Mizuho's Robert Yawger says. "It was looking like we were going to put in some new lows, so I think…

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