Libya Overview

Oil prices edged lower on Monday, as ongoing worries over ample global supplies dampened sentiment.

The U.S. West Texas Intermediate crude September contract was at…

Oil prices continued higher on Thursday, rising to the strongest level in almost three months amid growing optimism that the market was starting to rebalance.

The…

Oil prices continued higher on Thursday, as data showing a sixth consecutive week of declines in U.S. crude inventories added to optimism that the market was…

Oil prices were under pressure on Monday, as officials from OPEC and non-member nations kicked off a two-day meeting in Abu Dhabi to discuss compliance levels on their…

U.S. oil moved lower on Friday, as concerns over rising production by the U.S. and OPEC members weighed on demand for the commodity.

U.S. crude futures for September…

Oil prices wavered between small gains and losses in European trade on Monday, ahead of a highly-anticipated meeting of some oil ministers from OPEC and non-OPEC…

Libya said Tuesday it will attend a meeting of OPEC and non-OPEC producers in Saint Petersburg on July 22.

A delegation to the meeting on current market conditions…

Oil prices were slightly higher in European trade on Monday, extending last week’s strong gains on signs that demand for crude will pick up during the second half of…

Oil was firm Friday remaining on track for weekly gains of about 5% as the latest U.S. rig count is awaited.
U.S. crude was up 40 cents, or 0.87%, at $46.48 at 07:00…