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Libya, Central Bank
Libya Set to Revive Halted Oil Production as Bank Crisis Eases
Libya’s eastern-based parliament approved a new central bank governor, ending a standoff over control of the OPEC member’s vast energy revenue and setting the stage for a full resumption of oil output.
Libya’s eastern parliament approves new central bank governor, deputy
Libya’s eastern-based parliament agreed on Monday to approve the nomination of Naji Mohamed Issa Belqasem as the new governor of the central bank, part of efforts to end a crisis which has slashed the country'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 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.
Libya's parliament approves appointment of Belqasem as new central bank governor
Libya’s eastern parliament has agreed to appoint Naji Mohamed Issa Belqasem as the new central bank governor after the former governor, Sadiq al-Kabir, was fired last month by the presidential council in the capital,
Oil slumps 17% in Q3
Oil steadies as Middle East tensions viie with Libyan supply outlook
Brent for December traded near $72 a barrel after it ended Monday modestly higher, with West Texas Intermediate above $68.
Oil slumps 17% in Q3 as Middle East conflict offset by slowing demand
Oil prices were little changed on Monday, but posted a 17% loss for the third quarter as fears that a widening conflict in the Middle East could curtail crude supply were overshadowed by waning global demand concerns.
Oil prices set to fall for third month despite Middle East conflict
On Monday prices had been supported by the possibility that Iran, a key producer and member of the Organization of the Petroleum Exporting Countries, may be directly drawn into a widening Middle East
Daily Wrap on MSN
59m
Israeli ground offensive in Lebanon as Libyan oil set to return
Crude oil starts the fourth quarter with steady prices. The Israeli army has initiated a ground operation in Lebanon. Despite ...
Crude Oil Prices
16h
Libya’s Oil Production Set to Resume on October 1
Libya is set to resume crude oil production on October 1 following a deal on the leadership of the Central Bank.
The Libya Observer
17h
Al-Koni criticises oil shutdown, hints at Haftar's involvement
Koni, has hinted at Khalifa Haftar's involvement in the ongoing oil blockade in Libya, stating that "everyone knows who is ...
5d
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
Oil prices dip again as fears of market oversupply loom
After two consecutive weeks of gains, oil prices have fallen back into bear territory this week, as fears about higher supply ...
The Globe and Mail
7d
Libya’s crude oil exports plunge in September, production still mostly shut
Libya
’s crude
oil
exports have slumped to about 400,000 barrels per day (bpd) this month from August’s 1.02 million bpd, ...
4d
Oil Extends Sharp Drop on Prospect of More Saudi, Libyan Supply
Oil slid for the second day as Saudi Arabia was reportedly committed to increasing output in December, while Libya named its ...
developingtelecoms.com
14h
Deal struck to enhance digital infrastructure serving Libya’s oil industry
A number of agreements signed last week by Libya’s National Oil Corporation (NOC) are said to be aimed at enhancing the ...
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