As U.S. and South Korean warships bear down, Shokri Ghanem, the head of Libya's National Oil...

|By:, SA News Editor

As U.S. and South Korean warships bear down, Shokri Ghanem, the head of Libya's National Oil Corporation says he hopes tensions don't lead to Tripoli's using crude as a political weapon. Ghanem believes oil could rise to $130/barrel within a month if supply disruptions continue. Premarket: OIL +1.0%. BNO flat.