Libya Overview

Oil prices rose on Tuesday amid uncertainty around oil exports by Libya, a member of the Organization of the Petroleum Exporting Countries (OPEC).

Crude Oil WTI…

Oil prices rose by about 2% on Friday following news that OPEC delegates had agreed a modest production increase starting next month.

Arch-enemies Saudi Arabia and…

Fighting that broke out last week in Libya has slashed oil output by about 400,000 bopd in recent days, international media reported on Tuesday.

“The criminals did…

Two of Libya’s largest oil ports were evacuated on Thursday as fighting raged nearby, the country’s National Oil Corporation reported.

Rival armed militias…

Crude oil production by OPEC countries rose in May, the Organization of the Petroleum Exporting Countries and Russia stated in its monthly report.

Total production…

France’s Total has acquired Marathon Oil Libya and its 16.33% stake in the Waha Concessions in the North African country for USD 450 million, the super-major…

Libya has restarted production at the Sara oilfields, operated by Wintershall, after an “unauthorised shutdown” in November 2017, the country’s National Oil…

Crude prices turned higher in morning trade on Tuesday on reports of an attack on a Libyan oil pipeline.

The U.S. West Texas Intermediate crude February contract…

“Soft” output targets reportedly imposed on Nigeria and Libya as part of the <a…