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LIBYAN OIL PRODUCTION
Oil prices pause after surging on Libyan outages, Middle East tensionsOil prices saw a minor decline in Asian trading after rising over 7% due to supply concerns linked to Middle East tensions and Libyan oil f...
Oil up 3% on Libya halt, Mideast escalation fearsOil prices rose around 3% on Monday on reports of a near total production stoppage in Libya, adding to earlier gains on concerns that escal...
Oil falls on India's COVID surge, supply increase"The market is tending to focus more on the bad news from India and Japan at present, where the number of new coronavirus cases has risen s...
Oil falls on rising Libya output, coronavirus surgeLibyan oil production has risen to 1.2 million barrels per day (bpd), a Libyan oil source told Reuters, up from the 1.0 million bpd reporte...
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...
Demand issues to overshadow OPEC+ supply next year: Aramco trading arm chiefOPEC and its allies plan to raise production by 2 million barrels per day (bpd) from January after record output cuts this year as the coro...
OPEC+ fears second virus wave could lead to oil surplus in 2021A panel of officials from OPEC+ producers, called the Joint Technical Committee, considered this worst-case scenario during a virtual month...
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 flat as Libya developments counter OPEC+ boostBrent fell 15 cents to settle at $43.15 a barrel, but rose 8.3% for the week. U.S. oil futures rose 14 cents to settle at $41.11 a barrel, ...
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...
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.
- Oil rises to 30-month high on gain in US job market & Libyan conflict
Crude oil climbed to a 30-month high in New York as the US added more jobs than forecast, signalling increased demand, and as fighting inte...
- Oil rises toward $98 as traders eye Libyan exports
In an effort to compensate for the loss of Libyan crude, Saudi Arabia has boosted its oil output - a move which soon could be replicated by...
- Libyan chaos stirs global panic over oil supplies
The chaos in Libya as it descends into virtual civil war has sent international oil prices skyrocketing despite a pledge from Saudi Arabia,...
- ONGC, OIL evacuating staff out of strife-torn Libya
OIL had, some weeks back, applied to Libyan authorities for relinquishing the two onshore blocks - Block 86 and Block 102(4) in oil-prolifi...
- OIL trying to evacuate staff from Libya
State-owned Oil India Ltd is trying to evacuate its personnel from the strife-torn Libya, where death toll in anti-government protests has ...
- OPEC can do little to stem oil price hikes: top Libyan oil official
OPEC can do little to stem the current surge in crude prices, the head of the Libyan national oil company, said Tuesday when asked about a ...