NIFTY 50

Asia shares camp on high ground, oil up on Libya shutdown

Updated : January 20, 2020 08:30 AM IST

Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid US economic data and lashes of liquidity from the Federal Reserve.
Oil prices jumped as oilfields in southwest Libya began shutting down after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national output to a fraction of its normal level.

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