Crude oil prices settle back into negative territory as traders turn their focus toward operations in the North Sea. File photo by Brian Kersey/UPI Dec. 27 (UPI) — Crude oil prices reversed course on Wednesday to turn negative on the prospects of more oil coming out of the North Sea. The price of oil shot up more than 2 percent in late Tuesday trading on reports of an explosion on a pipeline in Libya. The National Oil Corp. said in an undated statement that its production could be out by as much as 100,000 barrels per day as a result of the incident on a pipeline feeding the nation’s largest oil depot. Libya was producing around 973,000 barrels per day as of November, though it’s no stranger to outages. A member of the Organization of Petroleum Exporting Countries, it’s exempt from the multilateral effort to eat into the surplus […]