Libya Overview

Crude prices gained in Asia on Friday with trade data from China supporting rising demand views as the market looks ahead to U.S rig count data.

On the New York…

Crude oil prices rallied to their best levels in months on Monday, as optimism that the market was well on its way towards rebalancing added to bullish…

Oil prices turned lower on Thursday, reversing the previous session’s sharp gains, as flooding caused by Tropical Storm Harvey continued to paralyze U.S. refineries of…

Three Libyan oilfields have gone offline and output has declined by 360,000 bopd after militia violence, the country’s NOC announced on Wednesday.

The Rayayina…

Oil prices edged lower on Monday, while gasoline futures soared to their highest since July 2015, as energy markets digested the impact of Hurricane Harvey on the U.S.…

Crude oil prices moved higher on Friday, as energy companies pulled workers from offshore oil platforms and halted onshore drilling in south Texas in preparation for…

Crude oil prices remained lower on Thursday, as news on Wednesday of increasing U.S. production levels added to concerns over a global supply glut.

The U.S. West…

Crude oil prices slipped lower on Tuesday, as investors were eyeing the weekly data from the U.S. on stockpiles of crude and refined products due later in the…

Oil prices moved higher on Friday, bouncing off the previous session’s three-week lows, but gains were expected to remain limited by ongoing converns over rising U.S.…

Oil prices turned lower after a brief rebound on Thursday, to trade at a more than three-week trough after strong U.S. data boosted demand for the greenback and as…