libya oil news - Search News

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

Yahoo · 1d

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,

The National on MSN · 1d

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,

Risk of War in Middle East Drives Oil Price

Reuters on MSN · 2h

Oil settles up, biggest weekly gains in over a year on Middle East war risk

Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were limited as U.S. President Joe Biden discouraged Israel from targeting Iranian oil facilities.

Investopedia · 1d

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.

MarketWatch · 1d

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

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 ...

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 ...

Crude Oil Prices9h

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 ...

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 ...

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 MSN3d

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 ...

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 ...

1don MSN

Libyan oilfields open now that central bank dispute resolved

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 ending a crisis that has ...

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