Brent near 4-month low; worries over Libyan supply keep it above $106

Brent futures on Tuesday traded near a four-month low touched overnight, but worries over a prolonged outage from oil exporter Libya helped the benchmark hold above $106 a barrel.

Heavy shooting erupted early on Tuesday in the Libyan capital, Tripoli, the latest surge in unrest in the OPEC producer that highlights the government’s inability to control militia groups.

Currently Brent @ USD 106,42, with Crude at USD 94,56.