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Oil prices ramped up on Monday, pushed up by the shutting down of two Libyan crude production bases. Brent crude LCOc1 was priced 1.2% higher, at $65.60 a barrel. US WTI crude futures CLc1 were traded 1% higher, at $59.14 a barrel. Libya's state-run National Oil Corporation (NOC) yesterday informed about commencing shut down operations at two big oilfields after forces loyal to the Libyan National Army closed a pipeline.
