Brent drops more than $3, eyes on Libyan oil flow

by admin on Monday, August 22nd, 2011 | No Comments

SINGAPORE (Reuters) – Brent crude dropped more than $3 on Monday to below $106 a barrel, while U.S. oil fell more than a dollar to below $82, on the potential for a resumption of exports from OPEC-member Libya as a six-month civil war there appeared close to an end.