Brent crude futures rose Monday as bargain hunters came out to feast upon the six-week lows hit in the previous session. News from Libya remains key to near-term price direction after reports of a key western field restart on the weekend were offset by a fresh protest at another facility. Brent crude for February delivery rose 96 cents to $107.85 a barrel on ICE Futures Europe. U.S. crude-oil futures were 54 cents higher at $94.50 a barrel on the New York Mercantile Exchange. Disruptions to Libya’s oil supply, caused by protesters, including workers and armed militia, have resulted in the country’s output falling to below 250,000 barrels a day, compared with 1.6 million barrels a day in 2011 before the conflict that led to the fall of Moammar Gadhafi. Oil has started flowing again from one of Libya’s largest oil fields, Sharara. However, protesters began blocking a separate oil […]