Libya Names Central Banker in Deal That May End Oil Blockade
WEB1 day ago · Libya Rivals Name Central Banker in Deal That May End Oil Crisis. The breakthrough may clear the way for a speedy resumption of oil production, which fell to about 450,000 barrels per day in the ...
Oil Holds Sharp Decline on Signs Libya May Resume Production
WEB2 days ago · (Bloomberg) -- Oil fell for a second day as Saudi Arabia was reported to be committed to increasing output in December, while factions in Libya reached a deal that could open the way to the return of some crude production. Brent dropped below $72 a barrel for a loss of almost 5% since Tuesday’s close, …
Libya Crisis Talks Resume as Oil Blockade Nears Second Month
WEB2 days ago · September 25, 2024 at 7:54 AM EDT. Save. United Nations-led talks on Libya’s central bank crisis resumed, as a damaging oil blockade that’s slashed the OPEC member’s output nears a second ...
Libya’s East Government Pledged to Reopen Oil Fields, UN Says
WEB1 day ago · Libya’s eastern-based government has promised to reopen the country’s oil fields shortly, the United Nations’ envoy to the OPEC state, Stephanie Koury, said Thursday in a televised press ...
Oil slumps about 5% as end to Libyan dispute in sight | Reuters
WEBSept 3 (Reuters) - Oil prices settled nearly 5% down on Tuesday at their lowest levels in nearly nine months on signs of a deal to resolve a dispute that has halted Libyan crude production...
Libya's oil blockade widens as factions vie to control central bank
WEBAug 28, 2024 · Libya's oil blockade widened on Wednesday with eastern leaders demanding western authorities back down over the replacement of the central bank governor, a key position in a state where...
Libya says it suspended oil production at largest field after ...
WEBJan 7, 2024 · CAIRO (AP) — Production at Libya’s largest oil field was suspended Sunday, the country’s state-run oil company said, after protesters forced the facility to close over fuel shortages. The National Oil Corp. declared force majeure at the Sharara oil field in the country’s south starting Sunday.
Oil prices jump on reports of Libyan production shutdown
WEBAug 26, 2024 · Oil prices jumped to the highest in almost two weeks on Monday following reports that Libyan production had been shut down over political wrangling between its two governments.
Libya says production has resumed at its ... - Associated Press News
WEBJan 21, 2024 · Libya’s state-owned oil company says production has resumed at the country’s largest oilfield, ending a more than two-week hiatus after protesters blocked the facility over fuel shortages.
Libya Rivals Ink UN-backed Deal On New Central Bank Leadership
WEB1 day ago · Representatives of war-torn Libya's rival administrations on Thursday signed an agreement to name a new governor for the beleaguered central bank that could restore economically vital oil ...
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