India, Jan. 29 -- Oil prices declined on Wednesday following two days of consecutive advances.
Benchmark Brent crude futures fell 0.7 percent to $75.97 in European trade as concerns over disruption to Libyan oil loadings eased and doubts persisted on China's demand outlook. WTI crude futures were down 0.6 percent at $73.34.
Fears of supply disruption eased after Libya's state-run National Oil Corp (NOC) said oil exports were continuing without disruption following talks with protesters at the Es Sider and Ras Lanuf ports on Tuesday.
"Operations are proceeding smoothly across all fields and ports after discussions with protesters who held demonstrations this morning at the Es Sider and Ras Lanuf ports," the NOC said in a statement on its ...