Brent Trades Near Week-High as Libyan Field Halts

Brent crude trade near its highest closing level in a week after Libya said it halted its Sharara oil field after a rocket attack on the connected Zawiya refinery. West Texas Intermediate was little changed.

Brent advanced as much as 0.6 percent in London, reversing an earlier loss. Libya halted the Sharara field, which had been producing 250,000 barrels a day, as a precaution following the attack two days ago, Mansur Abdallah, director of oil movement at the Zawiya plant, said by phone. Nigerian authorities are in talks to avoid the disruption of oil exports as a strike enters its second day.