Libya Overview

Oil prices fell back Tuesday after a brief surge on Monday over fears that a production cut deal might face hurdles in implementation.

Both Saudi Arabian and Russian…

Fighting in Libya over the weekend saw clashes between the Petroleum Facilities Guards (PFG) and the Libyan National Army for control of the Es Sider and Ras Lanuf oil…

At least two key oil ports were seized by a faction loyal to East Libyan commander Khalifa Haftar from forces loyal to Libya’s UN-backed government on Sunday.

The…

Libya’s National Oil Corporation (NOC) has begun work on ramping up crude exports after the government on Sunday reached a deal with the Petroleum Facilities Guards…

The global glut shows little signs of easing, the International Energy Agency (IEA) signalled in its report on Wednesday, pointing to the increase in floating storage…

The prospect of increased crude supplies from Libya and the partial recovery of oil production in Nigeria put pressure on crude futures on Tuesday, with September Brent…

Rivalling officials at the National Oil Companies in Libya have decided to close ranks, a statement released over the weekend said. The decision builds on the agreement…

Clashes over the weekend near key Libyan oil facilities left at least three people dead and 10 wounded, casting doubts over the safety and security of oil…

Crude futures hit a three-week low on Wednesday, continuing a downward trend for the fifth day in a row. Analysts pointed to fears over the UK leaving the EU and…