Libya Oil Production
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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 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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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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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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Libya's Rival Oil Minister Wants to Attend OPEC Meeting
Libya's rival government wants to send its oil minister to the OPEC summit in Vienna this week and will refuse to comply with any production decisions if it is denied access, the minister said.
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From Russia to Iraq, Rising Oil Risks Push 2015 Prices to a Premium
European oil prices in a year's time have risen to a premium over immediate prices for the first time since 2012, as turmoil in Iraq and Libya and tensions between Russia and the West elevate supply risks in the months ahead.
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Oil rises to $110 on Libyan PM's kidnapping
Crude oil rose to $110 per barrel on Thursday as the kidnapping of Libya's prime minister delayed the prospect of a further recovery in production from the North African nation.
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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
-
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.
-
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.
-
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.
-
Libya's Rival Oil Minister Wants to Attend OPEC Meeting
Libya's rival government wants to send its oil minister to the OPEC summit in Vienna this week and will refuse to comply with any production decisions if it is denied access, the minister said.
-
From Russia to Iraq, Rising Oil Risks Push 2015 Prices to a Premium
European oil prices in a year's time have risen to a premium over immediate prices for the first time since 2012, as turmoil in Iraq and Libya and tensions between Russia and the West elevate supply risks in the months ahead.
-
Oil rises to $110 on Libyan PM's kidnapping
Crude oil rose to $110 per barrel on Thursday as the kidnapping of Libya's prime minister delayed the prospect of a further recovery in production from the North African nation.
