# Arab News | Oil prices rise with Libya disruption

> Oil prices rose on Tuesday after armed factions blocked production at the Sharara and Wafa oilfields, cutting Libyan output by about 252,000 barrels a day. Prices were also supported by a weaker dollar and signals that OPEC may extend its output cut.

- Date: 2017-03-29 · published 2017-03-29T12:00:00.000Z
- Category: geopolitics · region Libya · magnitude medium
- Page: https://feedsoft.ai/events/72158-arab-news-oil-prices-rise-with-libya-disruption
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lost Libyan barrels and a softer dollar both lift crude prices, which tends to support vegetable oil and biofuel values over time.

## Read by commodity

- DXY: bearish ▼
- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2019-09-16 | [Oil prices leap as attack on Saudi facility disrupts output \| AP News](https://feedsoft.ai/events/6928-oil-prices-leap-as-attack-on-saudi-facility-disrupts-output-ap-news.md) | +5.8% | -0.1% |
| WTI | 2026-07-31 | [Supply Disruptions Underpin Crude Oil Prices](https://feedsoft.ai/events/18516-supply-disruptions-underpin-crude-oil-prices.md) | -7.4% | -0.3% |
| WTI | 2026-03-01 | [WTI oil prices jump on fears Iran retaliation will hasten disruption](https://feedsoft.ai/events/12015-wti-oil-prices-jump-on-fears-iran-retaliation-will-hasten-disruption.md) | +35.6% | +50.4% |
| WTI | 2026-01-13 | [Oil prices rise by more than $1 a barrel on potential Iran supply disruption \| Reuters](https://feedsoft.ai/events/11389-oil-prices-rise-by-more-than-1-a-barrel-on-potential-iran-supply-disruption.md) | +1.5% | +7.9% |
| WTI | 2020-02-01 | [Oil Pares Gains as Plentiful Supply Tempers Libya Disruption](https://feedsoft.ai/events/55267-oil-pares-gains-as-plentiful-supply-tempers-libya-disruption.md) | -2.4% | -9.3% |
| BRENT | 2019-09-16 | [Oil prices leap as attack on Saudi facility disrupts output \| AP News](https://feedsoft.ai/events/6928-oil-prices-leap-as-attack-on-saudi-facility-disrupts-output-ap-news.md) | +6.6% | -0.3% |
| BRENT | 2026-07-31 | [Supply Disruptions Underpin Crude Oil Prices](https://feedsoft.ai/events/18516-supply-disruptions-underpin-crude-oil-prices.md) | -4.9% | -0.6% |
| BRENT | 2026-03-01 | [WTI oil prices jump on fears Iran retaliation will hasten disruption](https://feedsoft.ai/events/12015-wti-oil-prices-jump-on-fears-iran-retaliation-will-hasten-disruption.md) | +31.0% | +62.6% |

## Sources

- arabnews.com: https://www.arabnews.com/business/oil-prices-rise-with-libya-disruption-1075621

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.