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Libya restarts oil production
Libya to resume 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
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 resume oil production after force majeure lifted
Libya will resume oil production starting on Thursday after the National Oil Corporation (NOC) lifted force majeure at all oilfields and terminals. The development came after the state-owned oil company received a "formal security assessment" to resume crude production and export operations at Sharara,
What's next for oil and gas prices
Oil Prices Keep Rising As Middle East Concerns Grow
Growing concerns of a retaliation by Israel affecting Iran's oil production pushed crude oil futures more than 5% higher Thursday, powering gains for oil-related stocks.
What's next for oil and gas prices as Middle East tensions heat up?
Oil prices climbed this week as tensions in the Middle East escalated. Iran launched missiles at Israel and the Israelis threatened retaliation, raising the possibility of a disruption to the flow of oil from the region.
Oil prices set for 9% weekly gains on threat of wider war in the Middle East
Oil prices were on track for weekly gains of 9% as investors feared a wider Middle East conflict could disrupt crude flows after President Joe Biden said the United States was discussing an Israeli attack on Iranian oil facilities.
4d
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 ...
5d
Libya Set to Revive Halted Oil Production as Bank Crisis Eases
Libya’s eastern-based parliament approved a new central bank governor, ending a standoff over control of the OPEC member’s ...
Crude Oil Prices
22h
Oil Majors Are Facing a Major Dilemma
- BP stands out amongst oil majors as it already has the highest debt ratio with $22.6 billion of net debt against a ...
Reuters on MSN
1d
Libya's eastern-based government lets oilfields reopen, sources and media say
BENGHAZI (Reuters) -
Libya
's eastern-based government said on Thursday that oilfields and facilities would reopen after a dispute over the leadership of the central bank was resolved, potentially ...
3d
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 ...
Nairametrics
4h
Nigeria’s crude oil production declines by 40,000 bpd as OPEC’s output drops in September – Report
Nigeria continues to struggle to meet its OPEC’s quota as its crude oil production fell by 40,000 barrels per day ...
1d
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
3d
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 ...
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