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Libya, Central Bank
Libya Names Central Banker in Deal That May End Oil Blockade
Libyan factions agreed to appoint a new central bank governor, paving the way for a resolution to a row that’s slashed the OPEC nation’s oil output.
Deal to Reopen Libya’s Central Bank Eases Fears of Renewed Conflict
A standoff over control of the bank had destabilized the country’s economy and raised the prospect of fresh fighting between Libya’s eastern and western factions.
Libya's rival factions agree to end central bank crisis
Representatives of Libya's rival eastern and western legislative bodies, in talks facilitated by the United Nations, signed an agreement on Thursday to end a crisis over leadership of the central bank,
Libya’s East Government Pledged to Reopen Oil Fields, UN Says
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 conference. Most Read from BloombergNJ Transit,
Libya's Central Bank Crisis: Steps Towards Resolution Amid Oil Revenue Struggles
Libya's eastern and western legislative bodies have signed a UN-mediated agreement to resolve the central bank leadership issue. They nominated Naji Mohamed Issa Belqasem as interim governor and Mari Muftah Rahil Barrasi as deputy governor,
Libyan Oil Exports Rebound Despite Ban by Eastern Government
Libya’s oil exports have risen over the past week even though authorities in the east of the country haven’t lifted restrictions on outward flows.
Libya Rivals Ink UN-backed Deal On New Central Bank Leadership
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 production,
Oil prices fall
Oil prices fall on expected supply boost from Libya, Saudi
The prices of crude oil lowered as supply risks began to ease in the global commodities market. Brent crude plunged by 2.5% to $71.19 per barrel. US benchmark West Texas Intermediate (WTI) fell by 2.5% to $67.
Oil prices fall after report Saudi Arabia to scrap price target, boost output
Oil futures fell on Thursday, pressured after the Financial Times reported that Saudi Arabia was ready to abandon its $100-a-barrel price target as it prepares to increase production in a bid to take back market share.
Oil prices drop following Saudi Arabia raising crude output: Report
Oil prices fell Thursday morning, just hours after a new report revealed Saudi Arabia, the world’s largest crude exporter, is considering increasing production later this year. The move comes just weeks after the nation and eight other members of OPEC+ agreed to temporarily pause oil output hikes,
2d
Oil falls on easing Libya supply concerns, lingering China demand worries
Oil prices were little changed on Wednesday as investors reassessed the ability of China's stimulus plans to boost its ...
2d
on MSN
Commodity Roundup: Oil extends losses on prospect of more supply from Saudi and Libya, gold rallies
Oil prices slipped on Thursday, extending losses from the previous session, after reports suggested Saudi Arabia, the world's ...
3h
Oil prices dip again as fears of market oversupply loom
Earlier this week, Saudi Arabia reportedly decided to ramp up its oil production from December, abandoning its earlier target ...
1d
on MSN
Oil prices fall as expectations of higher supplies hammer market sentiment
Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher ...
The Libya Observer
2d
Libya is working on developing oil-rich cities' digital infrastructure
The National Oil Corporation (NOC) signed on Wednesday cooperation agreements with telecom companies Al-Madar, Libyana and ...
InvestmentNews
1d
It's been a bad week for oil, deep weekly loss expected
Elsewhere, Hurricane Helene barreled into the western coast of Florida, packing dangerous winds and threatening to unleash ...
1d
on MSN
Oil steady but on track for weekly drop on firmer supply outlook
Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased ...
2d
Oil Holds Sharp Decline on Signs Libya May Resume Production
Oil steadied after dropping the most in two weeks as Libya’s competing factions reached a “compromise” on appointing new ...
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