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LIBYA BLOCKADE
Xi Jinping's 'Thucydides Trap' warning: Is China outsmarting the US without engaging in actual conflict?China employs a strategy of subduing rivals without fighting, a tactic evident in its diplomatic approach. This method has allowed China to...- WTI crude oil price sharp fall today reason: Why are oil prices suddenly crashing now as Brent crude tumbles over 7% and traders fear a bigger global oil market shock?WTI crude oil price crash today is shaking global commodity markets. Oil prices suddenly collapsed as traders rushed to remove geopolitical...
- Why UAE stepped away from OPEC amid Iran war and soaring crude oil pricesUnited Arab Emirates has announced it will exit OPEC and OPEC+ effective May 1, delivering a fresh shock to an already strained global ener...
- Oil prices fall as weak demand overshadows Libya blockadeBrent oil prices dropped in Asian trade on Tuesday as concerns about weakened demand in China outweighed the effects of a blockade on Libya...
- Libyan Presidential Council’s Mohamed al-Menfi and China’s Xi Jinping meet on sidelines of first Arab-Chinese summit in Saudi Arabia; Details hereThe Libyan diplomat Mohamed al-Menfi met the president of China Xi Jinping to discuss the Chinese firms’ return to Libya.
- Libya's rivals urge Security Council to back ceasefire deal inked in Geneva last monthThe agreement also called for ``military deals on training inside Libya'' to be frozen and for foreign trainees to leave the country. It di...
- Oil prices steady amid return of supply, while Covid lockdowns tightenThe return of supply comes as resurgent COVID-19 infections in the U.S. Midwest and Europe raise worries about fuel demand growth, posing a...
- Oil falls for second day as worsening pandemic threatens demand dropBrent crude was down 36 cents, or 0.9%, at $40.57 a barrel at 0055 GMT, after falling more than 3% on Thursday. U.S. oil was also 36 cents,...
- Oil falls after surprise rise in US crude inventoriesGasoline stocks fell by nearly 7.7 million barrels, nearly 8 times expectations suggesting some demand for fuel in the world's biggest oil ...
- Oil rises on expectations demand can survive new lockdownsU.S. West Texas Intermediate (WTI) crude for October, due to expire on Tuesday, rose 58 cents, or 1.5%, to $39.89. The more active November...
- Oil prices slip on potential Libyan oil return; Gulf storm supportsOil and gas producers had been restarting their offshore operations over the weekend after being disrupted by Sally. Some 17% of U.S. Gulf ...
- US says Libyan commander Khalifa Hifter agrees to lift oil blockadePowerful tribes in eastern Libya loyal to Hifter have kept export terminals closed and choked off major pipelines since the start of the ye...
- Oil steady despite surge in COVID-19 infectionsU.S. West Texas Intermediate (WTI) crude rose 4 cents, or 0.1%, to $40.59.
- Oil slips as traders eye supply cut easing at Opec meetingOil was little changed last week as a resurgence of coronavirus cases prompted several U.S. states to impose tighter travel restrictions th...
- Crude oil prices drop on prospect of returning Libyan suppliesUS crude was down 27 cents, or 0.7 per cent, at $39.43 a barrel.
- Opec February oil output sinks on Libyan unrest, cutsOn average, Opec pumped 27.84 million barrels per day (bpd) last month.
- Oil firms on supply threats and easing demand woesBrent crude futures were up 27 cents at $59.39 a barrel by 1443 GMT. West Texas Intermediate (WTI) crude climbed 59 cents to $53.88.
- Oil rises on supply worries, while virus-led demand concerns easeWest Texas Intermediate (WTI) crude futures climbed 49 cents, or 0.9 per cent, to $53.78 per barrel.
- Rupee slips 3 paise to 71.11 against dollar in early trade"USDINR pair is expected to quote in the range of 70.90 and 71.30,” said Motilal Oswal Fin.
- Crude oil futures down 0.28 per cent on Asian cuesOil prices for May delivery also moved down by Rs 14, or 0.23 per cent, to Rs 6,057 per barrel, with a business volume of 125 lots.
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