Lybia

page 3

Oil falls $2 a barrel ahead of OPEC meeting

Oil falls $2 a barrel ahead of OPEC meeting

Oil prices fell more than $2 a barrel Friday after two of the world's biggest producers indicated they might increase output at next week's OPEC meeting, while U.S. exports were threatened by potential Chinese tariffs on crude oil and …

French ex-president Sarkozy in police custody - media

French ex-president Sarkozy in police custody - media

Former French President Nicolas Sarkozy was being held in police custody today for questioning by magistrates looking into allegations of Libyan funding for his 2007 election campaign, Reuters reported citing an official in the …

Turkey's soft power

Turkey's soft power

Turkish President Recep Tayyip Erdoğan is on a five-day, four-country visit to Africa this week

Oil fightback sets stage for another OPEC-shale battle in 2018

Oil fightback sets stage for another OPEC-shale battle in 2018

Oil’s revival from the biggest crash in a generation persisted, with prices set for a second annual gain after weathering everything from hurricanes and Middle East conflict to the tussle between OPEC and U.S. shale. As Energy …

Oil prices decline on signs of higher output

Oil prices decline on signs of higher output

  OPEC nations pumped slightly more crude in September as Libya’s biggest oil field returned to production. Output from the Organization of Petroleum Exporting Countries was 32.83 million barrels a day in September, …

New US sanctions hit 8 North Korean banks, 26 bank workers

New US sanctions hit 8 North Korean banks, 26 bank workers

New U.S. sanctions will punish eight North Korean banks and 26 bank workers living abroad, the Trump administration announced Tuesday, in the first use of new sanctioning powers granted by U.S. President Donald Trump, Fox News …

 Is OPEC concerned by rising oil output in Libya and Nigeria?

Is OPEC concerned by rising oil output in Libya and Nigeria?

OPEC will invite Libya and Nigeria to the next meeting, which will be held in Vienna on September 22, a joint OPEC, non-OPEC monitoring ministerial committee said. "The committee plans to invite Libya and Nigeria to the next …

Farida Allaghi: Azerbaijan opens to international community

Farida Allaghi: Azerbaijan opens to international community

Azerbaijan opened for all global leaders to come, former Libyan Ambassador to the European Union, one of the most influential Libyan women, Farida Allaghi, said in an interview with Vestnik Kavkaza, commenting on the the Global …

 Oil prices drop amid oversupply concern

Oil prices drop amid oversupply concern

Oil prices fell on Friday, dragged lower by persistent oversupply worries despite a bigger-than-expected drawdown in U.S. crude inventories. Brent crude was at $51.62 a barrel at 0652 GMT, down 28 cents (0.54%) from its last close. That …

What oil price OPEC and Russia need?

What oil price OPEC and Russia need?

In order to balance their budgets, largest oil-producing countries in the world require different price of "black gold". According to Bloomberg, this leads to disagreements over the need to reduce oil production level. …