Benghazi, 69, Libya

Oil Markets Are Fully Focused on Geopolitical Risk

Geopolitical risk has dominated oil markets this week, with both WTI and Brent up by roughly 8% since the start of the week when Iran fired at least 180 missiles at Iran in retaliation for Israeli strikes in Lebanon.Friday, October 4th, 2024Oil prices are set…

2024-10-04 14:00

Oil Majors Are Facing a Major Dilemma

Big Oil Braces for Impact as Pace of Buybacks Becomes Untenable- Oil majors are confronted with a difficult dilemma as the investor community is anticipating Q3 2024 results, as most would find it very hard to replicate last year’s performance when they’ve pa…

2024-10-04 13:00

Libya Restarts Oil Production and Exports... For Now

Politics, Geopolitics & Conflict On Thursday, Libya’s parallel eastern government (Haftar clan) lifted the force majeure on output and exports just hours after a deal was reached for two compromise candidates to head the Central Bank, which controls the count…

2024-10-04 13:00

AFCON Qualifier: Libya resume training to arrive in Nigeria October 7

The Libya National Team reconvened on Monday to begin preparation for their October 11, 2025, Africa Cup of Nations qualifying tie against Nigeria at Godswill Akpabio International Stadium, Uyo, PUNCH Sports Extra reports. According to Libya Al-Ahrar Channel,…

2024-10-02 01:57

Oil Prices Under Pressure Ahead of OPEC+ Meeting

Oil prices were once again under pressure early on Tuesday morning, with Brent falling below $71 and WTI trading at $67.57. Oil markets will now look toward the OPEC+ meeting tomorrow for some support, as well as any developments in the Middle East following …

2024-10-01 14:00

How Congress Can Reclaim Its Role in U.S. Foreign Policy

In the constitutional tug-of-war, why has the legislative branch let go of the rope?

2024-10-01 04:01

Libya Set to Revive Halted Oil Production as Bank Crisis Eases

Libya is preparing to restore oil production as two rival governments in the North African country overcame differences that caused the flow of petroleum to be halted or disrupted last month.

2024-09-30 14:31

Libya Assembly Paves Way to Oil Restart With Central Banker Vote

Libya normally produces about 1.2 million barrels of crude a day, but that figure dropped to less than 450,000 barrels in late August.

2024-09-30 14:00

Libya's Eastern-Based Gov’t Eyes BRICS Membership, Says Foreign Minister

BENGHAZI (Sputnik) - The eastern-based Government of National Stability in Libya is seriously considering the issues of joining BRICS, Minister of Foreign Affairs and International Cooperation of the interim Libyan government Abdul Hadi Al-Hweij told Sputnik.

2024-09-30 11:00