Volatile oil prices gained slightly on news of Russian oil contamination joined supply factors from Iran and North Korea while fears of an all-out Sino-US trade war…
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Oil Reserves48.4 billion barrels
Gas Reserves1.4 tcm
Ibraheim Mejerissi of Wazen Oil Services talks about Libya’s opportunity to increase gas exports to Europe.
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Libya has signed production-sharing agreements with international energy companies to boost upstream exploration and lift output.
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Libya’s NOC has announced three new oil and gas discoveries with Eni, Repsol and Sonatrach across onshore and offshore basins.
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Eni has announced gas discoveries in Libya totalling more than 1 tcf, boosting supply for the domestic market.
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TotalEnergies has restarted production at the Mabruk oilfield in Libya.
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Volatile oil prices gained slightly on news of Russian oil contamination joined supply factors from Iran and North Korea while fears of an all-out Sino-US trade war…
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Oil prices fell on Thursday in Asia after a weekly US Energy Information Administration (EIA) report showed US crude stockpiles rose much more than expected.
The US…
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Crude prices rose as much as 1% on Tuesday after Saudi Energy Minister Khalid Al-Falih told Russian state news agency RIA that Riyadh won’t rush to fill a supply…
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The guessing game begins. With exactly two weeks to the expiration of the US sanction waivers on Iran, oil bulls are holding tight to see which way President Donald…
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Oil prices fell on Monday in Asia but still surged by more than 30% year-to-date. The Libya conflict is back under the spotlight today.
US Crude Oil WTI Futures fell…
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Oil prices gained on Tuesday in Asia and traded near a 5-month high, supported by concerns on Libya supply disruptions.
US Crude Oil WTI Futures was up 0.2% to…
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Oil prices gained on Monday in Asia as the escalating conflict in OPEC producer Libya raised supply concerns.
US Crude Oil WTI Futures rose 0.5% to $63.43 by 11:15…
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Oil futures pulled back on Monday, after US President Donald Trump took to Twitter to slam OPEC about pushing prices higher.
“Oil prices getting too high. OPEC,…
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Libya has outlined measures to resume output at its biggest oilfield, halted due to violence, the National Oil Corporation (NOC) announced on Monday.
The Sharara…
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Oil prices were slightly up on Monday, as falling supplies in Iran and upcoming trade tariffs put pressure on markets.
West Texas Crude oil futures rose 0.61% to…
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