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Libya restarts oil production
Libya to resume crude oil production at two of its major fields
Libya's National Oil Corporation has announced that crude oil production will resume at two of its major fields, where operations stopped in August amid ongoing tensions between the country's dueling authorities.
Libya Resumes Oil Production, Ending Crippling Crisis
Libya resumed oil production on Thursday, returning hundreds of thousands of barrels a day to global markets after a political standoff in the OPEC member eased.Most Read from BloombergThe Corner Store ComebackA Housing Crisis Brews in Rwanda’s Capital CityGang Violence Is Moving to the Amazon’s Fast-Growing CitiesA 7,
Libya to Restart Oil Production, Ending Crisis
Libya will resume oil production starting Thursday, the OPEC nation’s oil minister, Khalifa Abul Sadeq, told Bloomberg in an interview. The move potentially returns hundreds of thousands of barrels a day to global markets after a political standoff in the country.
Oil prices climb amid Middle East conflict fears
Oil prices little changed as Middle East conflict, ample supply outlook weigh
Oil prices were little changed on Friday, but remained on track for strong weekly gains, as investors weighed the prospect of a wider Middle East conflict disrupting crude flows against an amply supplied global market.
Oil prices turn higher for the year as Middle East tensions flare
Oil futures finished higher for a third straight session on Thursday, prompting prices to turn higher for the year. Traders awaited Israel’s response to a missile barrage
Crude Oil Climbs on Middle East War Escalation
Conflicts have continued to grow in the Middle East, giving crude oil prices a big boost. Oil has been locked in a downward trend over the past month, down 14% from a multi-month high close of $83.88 a barrel.
2d
Libya preparing to restart oil output as central bank crisis eases
Libya was preparing to restart oil production that has been shut since late of August after an agreement on a new head of the ...
1d
Oil Flows Slump for Fourth Straight Month, This Time on Libya
The seaborne flow of oil fell for a fourth straight month in September on the back of hefty declines from Libya, where a ...
Crude Oil Prices
8h
Libya Looks to Diversify Its Energy Mix
Libya is diversifying its energy mix by developing renewable energy sources, with support from international partners, to ...
15h
OPEC oil output drops in September on Libyan outage, Reuters survey finds
OPEC oil output fell in September to its lowest this year, a Reuters survey found on Thursday, as unrest disrupted Libyan ...
Hosted on MSN
2d
Libya's Takes a Step Back From the Brink-Again
Libya's fragile "cold peace" nearly collapsed amid a dispute over the central bank, revealing the vulnerabilities of its zero ...
2d
Oil Begins New Quarter Under Pressure as Supplies Set to Climb
Oil slipped at the start of the fourth quarter as a bearish market outlook countered geopolitical risks in the Middle ...
The Libya Observer
3d
Al-Koni criticises oil shutdown, hints at Haftar's involvement
Koni, has hinted at Khalifa Haftar's involvement in the ongoing oil blockade in Libya, stating that "everyone knows who is ...
developingtelecoms.com
3d
Deal struck to enhance digital infrastructure serving Libya’s oil industry
A number of agreements signed last week by Libya’s National Oil Corporation (NOC) are said to be aimed at enhancing the ...
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