Oil climbs on Libya force majeure, Canada outage | Reuters:
Oil prices rose on Tuesday after Libya declared force majeure on some of its crude exports, while the loss of Canadian supplies helped lifted U.S. crude to levels not seen since late 2014.
U.S. light crude CLc1 jumped 90 cents, or 1.2 percent, to $74.84 a barrel, its highest since November 2014, before easing back to $74.59, up 65 cents, by 0810 GMT.
Benchmark Brent crude oil LCOc1 was up 45 cents at $77.75.
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