Wed Jan 29 11:00:00 UTC 2025: ## Oil Prices Rebound on Libyan Port Protests, Despite Expected US Inventory Rise
**NEW YORK** – Oil prices recovered some ground on [Date of article], rebounding from losses incurred the previous day amid concerns over disrupted crude exports from Libya. Protests at Libyan ports are threatening to curtail the flow of oil, bolstering prices.
West Texas Intermediate (WTI) crude futures closed up 0.8% at $73.77 a barrel, while Brent crude rose 0.5% to $77.49 a barrel.
However, the market also anticipates a report from the Energy Information Administration (EIA) showing a rise in US crude oil inventories. A Wall Street Journal survey of analysts predicts a build of 1.1 million barrels, marking the first increase in ten weeks. This potential increase in supply is a countervailing factor to the price increases driven by the Libyan disruptions. The EIA report is expected to offer further clarity on the overall market dynamics.
First Piper 