Libya Oil
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Oil Slumps $3/bbl On Gasoline Stockpiles, Rate Hikes And Resuming Supply
Oil prices fell more than $3 a barrel on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia's gas flows to Europe eased supply restraints.
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Oil Rises $2/bbl After G7 Vows New Russian Sanctions
Libya said it would have to halt exports from the Gulf of Sirte due to unrest in the region while Ecuador said it would need to suspend production amid anti-government protests
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Oil Prices Settle Down On Fears Of Fed And Oil Profit Tax
Tight supply has been aggravated by a drop in exports from Libya amid a political crisis that has hit output and ports.
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Oil Edges Higher On Concerns Over Russia, Libya Supply Disruption
Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls a potential ban on Russian oil imports that would further restrict worldwide oil trade.
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Oil Rises As Libya Outage Adds To Supply Woes, Shanghai Prepares To Reopen
Brent crude futures rose to $113.77 a barrel on Tuesday morning, while U.S. West Texas Intermediate (WTI) crude futures gained 33 cents to $108.54 a barrel.
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Oil Prices Climb Towards $80 On Tight Supply, Stocks Fall
Oil prices have been underpinned by Ecuador, Libya and Nigeria declaring forces majeures this month on part of their oil production because of maintenance issues and oilfield shutdowns.
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Pro-Haftar Forces "Block Oil Exports" From Key Libya Ports
Forces loyal to military strongman Khalifa Haftar on Saturday blocked oil exports from Libya's main ports, the National Oil Company said, raising the stakes on the eve of international peace talks.
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Gunmen Attack Headquarters Of Libya National Oil Firm, Two Dead
Armed men on Monday stormed the headquarters of Libya's National Oil Company in Tripoli killing at least two people, officials said, as witnesses spoke of hearing a blast and gunfire.
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North Korea Gets Illegal Oil, Enlists Syria Arms Broker: UN Report
North Korea has resorted to a "massive increase" of illegal ship-to-ship transfers of oil products at sea to evade UN sanctions and enlisted a Syrian arms broker to sell weapons to Yemen and Libya, a UN report said Friday.
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Eastern Libyan Commander's Forces Seize Key Oil Ports
Forces loyal to east Libyan commander Khalifa Haftar on Sunday seized at least two key oil ports from a rival force loyal to the U.N.-backed government, risking a new conflict over the OPEC nation's resources.
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UN Security Council Removes Indian-Flagged Oil Tanker From Blacklist
The United Nations Security Council on Thursday removed from a U.N. blacklist an Indian-flagged tanker that was recently prevented from shipping oil for the rival eastern Libyan government after Libya's U.N. mission requested the de-listing.
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UN Lifts Sanctions On Mumbai Company's Oil Tanker
The United Nations has lifted sanctions imposed on an oil tanker owned by a Mumbai-based company which had breached them during a business operation in Libya last month, it was announced today.
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Libya Lost $68 Billion From Attacks On Oil, Says Industry Chief
Libya will fall further into chaos if its political factions don't quickly form a unity government, the head of the state oil company warned Monday, noting country has already lost some $68 billion lost oil sales because of attacks by Islamic extremists.
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ISIS Attack Sets Storage Tanks Ablaze At Libyan Oil Terminal
ISIS terrorist set fire on Thursday to oil storage tanks in a fresh assault on Ras Lanuf terminal in northern Libya and the group threatened further attacks as they exploit a prolonged power vacuum in the large north African nation.
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Militants Attack Near Libya's Ras Lanuf Oil Terminal: Sources
Suspected ISIS militants attacked oil installations close to Libya's Ras Lanuf terminal on Thursday, an engineer at the port and energy officials said, and the group threatened more attacks.
-
Oil Slumps $3/bbl On Gasoline Stockpiles, Rate Hikes And Resuming Supply
Oil prices fell more than $3 a barrel on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia's gas flows to Europe eased supply restraints.
-
Oil Rises $2/bbl After G7 Vows New Russian Sanctions
Libya said it would have to halt exports from the Gulf of Sirte due to unrest in the region while Ecuador said it would need to suspend production amid anti-government protests
-
Oil Prices Settle Down On Fears Of Fed And Oil Profit Tax
Tight supply has been aggravated by a drop in exports from Libya amid a political crisis that has hit output and ports.
-
Oil Edges Higher On Concerns Over Russia, Libya Supply Disruption
Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls a potential ban on Russian oil imports that would further restrict worldwide oil trade.
-
Oil Rises As Libya Outage Adds To Supply Woes, Shanghai Prepares To Reopen
Brent crude futures rose to $113.77 a barrel on Tuesday morning, while U.S. West Texas Intermediate (WTI) crude futures gained 33 cents to $108.54 a barrel.
-
Oil Prices Climb Towards $80 On Tight Supply, Stocks Fall
Oil prices have been underpinned by Ecuador, Libya and Nigeria declaring forces majeures this month on part of their oil production because of maintenance issues and oilfield shutdowns.
-
Pro-Haftar Forces "Block Oil Exports" From Key Libya Ports
Forces loyal to military strongman Khalifa Haftar on Saturday blocked oil exports from Libya's main ports, the National Oil Company said, raising the stakes on the eve of international peace talks.
-
Gunmen Attack Headquarters Of Libya National Oil Firm, Two Dead
Armed men on Monday stormed the headquarters of Libya's National Oil Company in Tripoli killing at least two people, officials said, as witnesses spoke of hearing a blast and gunfire.
-
North Korea Gets Illegal Oil, Enlists Syria Arms Broker: UN Report
North Korea has resorted to a "massive increase" of illegal ship-to-ship transfers of oil products at sea to evade UN sanctions and enlisted a Syrian arms broker to sell weapons to Yemen and Libya, a UN report said Friday.
-
Eastern Libyan Commander's Forces Seize Key Oil Ports
Forces loyal to east Libyan commander Khalifa Haftar on Sunday seized at least two key oil ports from a rival force loyal to the U.N.-backed government, risking a new conflict over the OPEC nation's resources.
-
UN Security Council Removes Indian-Flagged Oil Tanker From Blacklist
The United Nations Security Council on Thursday removed from a U.N. blacklist an Indian-flagged tanker that was recently prevented from shipping oil for the rival eastern Libyan government after Libya's U.N. mission requested the de-listing.
-
UN Lifts Sanctions On Mumbai Company's Oil Tanker
The United Nations has lifted sanctions imposed on an oil tanker owned by a Mumbai-based company which had breached them during a business operation in Libya last month, it was announced today.
-
Libya Lost $68 Billion From Attacks On Oil, Says Industry Chief
Libya will fall further into chaos if its political factions don't quickly form a unity government, the head of the state oil company warned Monday, noting country has already lost some $68 billion lost oil sales because of attacks by Islamic extremists.
-
ISIS Attack Sets Storage Tanks Ablaze At Libyan Oil Terminal
ISIS terrorist set fire on Thursday to oil storage tanks in a fresh assault on Ras Lanuf terminal in northern Libya and the group threatened further attacks as they exploit a prolonged power vacuum in the large north African nation.
-
Militants Attack Near Libya's Ras Lanuf Oil Terminal: Sources
Suspected ISIS militants attacked oil installations close to Libya's Ras Lanuf terminal on Thursday, an engineer at the port and energy officials said, and the group threatened more attacks.
