Libya Unrest

Oil edged above $60 per barrel on Friday as unrest in Libya cut supplies, offsetting a growing supply glut in top consumer the United States and weak imports by Japan.

Euro zone manufacturing growth slowed slightly more than initially thought in August, while growth in China's factory sector slipped to a three-month low last month, adding to concerns about oil demand.

Goa government today said only three Goans are there in strife-torn Libya but they have not sent any request for repatriation.

Eighteen Sudanese have been killed by a rocket strike in the Libyan capital, but Khartoum says the situation does not yet warrant an evacuation of its nationals, official media reported.

Canada evacuated diplomatic staff from Libya on Tuesday amid growing lawlessness and unrest and after similar moves by other Western nations.

France will evacuate its nationals from Libya on Tuesday amid increasing lawlessness and unrest, a government source said, after similar moves by other European nations.

The Philippines on Sunday ordered its estimated 13,000 nationals in Libya to flee that country due to the worsening unrest there.

Libya's interim parliament on Sunday adopted the 2014 budget worth some $48 billion, after long delays due to political chaos and unrest that has plagued the oil-rich nation.

Fierce fighting between Islamists and a rogue Libyan general's forces in Benghazi has killed 21 people, as violence intensified following the launch of an "anti-terrorist" campaign.

Libya will hold elections next month to replace its disputed interim parliament, as authorities strive to contain a power struggle with armed ex-rebels and prevent a descent into civil war.

Escalating violence in South Sudan in the past two weeks is threatening to cut the country's crude output further, adding to supply outages in Libya, where production is running at a mere 250,000 barrels per day (bpd).

Brent oil prices rose above $111 a barrel on Wednesday as unrest in Libya stoked concerns about supply, but a higher-than-expected build in US crude stocks capped gains.

On the frontline in Libya and Mali, hawkish on Syria, uncompromising on Iran: France, long critical of the United States' role as the world's policeman, is emerging as the most interventionist of Western states.

A bomb exploded on Saturday in front of Egypt's consulate in the eastern Libyan city of Benghazi, causing no casualties but some damage, a security official said.

The Libyan army chief of staff, General Yusef al-Mangoush, has resigned after deadly unrest in Benghazi, members of the country's highest political authority the General National Congress said.

Oil edged above $60 per barrel on Friday as unrest in Libya cut supplies, offsetting a growing supply glut in top consumer the United States and weak imports by Japan.

Euro zone manufacturing growth slowed slightly more than initially thought in August, while growth in China's factory sector slipped to a three-month low last month, adding to concerns about oil demand.

Goa government today said only three Goans are there in strife-torn Libya but they have not sent any request for repatriation.

Eighteen Sudanese have been killed by a rocket strike in the Libyan capital, but Khartoum says the situation does not yet warrant an evacuation of its nationals, official media reported.

Canada evacuated diplomatic staff from Libya on Tuesday amid growing lawlessness and unrest and after similar moves by other Western nations.

France will evacuate its nationals from Libya on Tuesday amid increasing lawlessness and unrest, a government source said, after similar moves by other European nations.

The Philippines on Sunday ordered its estimated 13,000 nationals in Libya to flee that country due to the worsening unrest there.

Libya's interim parliament on Sunday adopted the 2014 budget worth some $48 billion, after long delays due to political chaos and unrest that has plagued the oil-rich nation.

Fierce fighting between Islamists and a rogue Libyan general's forces in Benghazi has killed 21 people, as violence intensified following the launch of an "anti-terrorist" campaign.

Libya will hold elections next month to replace its disputed interim parliament, as authorities strive to contain a power struggle with armed ex-rebels and prevent a descent into civil war.

Escalating violence in South Sudan in the past two weeks is threatening to cut the country's crude output further, adding to supply outages in Libya, where production is running at a mere 250,000 barrels per day (bpd).

Brent oil prices rose above $111 a barrel on Wednesday as unrest in Libya stoked concerns about supply, but a higher-than-expected build in US crude stocks capped gains.

On the frontline in Libya and Mali, hawkish on Syria, uncompromising on Iran: France, long critical of the United States' role as the world's policeman, is emerging as the most interventionist of Western states.

A bomb exploded on Saturday in front of Egypt's consulate in the eastern Libyan city of Benghazi, causing no casualties but some damage, a security official said.

The Libyan army chief of staff, General Yusef al-Mangoush, has resigned after deadly unrest in Benghazi, members of the country's highest political authority the General National Congress said.