Oil drops towards $65 as Libya's biggest field restarts

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Oil drops towards $65 as Libya's biggest field restarts
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Oil fell towards $65 a barrel on Tuesday, pressured by the restart of Libya&#039...

LONDON - Oil fell towards $65 a barrel on Tuesday, pressured by the restart of Libya’s biggest oilfield and on expectations for an increase in U.S. crude inventories.

Brent crude, the international benchmark, fell 62 cents to $65.05 a barrel as of 0930 GMT. U.S. West Texas Intermediate crude slipped 44 cents to $56.15. The first supply report is due at 2130 GMT from the American Petroleum Institute , an industry group, followed by the government’s official figures on Wednesday.

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