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Libya Names Central Banker in Deal That May End Oil Blockade

“I welcome the pledges from the the eastern authorities to reopen the oil fields shortly,” the United Nations envoy to Libya, Stephanie Koury, said Thursday at a signing ceremony for the deal in the capital, Tripoli. The country’s rival eastern and ...

Rigzone · 5h

Libya Set to Name New 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.

Reuters on MSN · 13h

Libya's rival factions agree to end central bank crisis

Representatives of Libya's rival eastern and western legislative bodies, in‮ ‬talks facilitated by the United Nations, signed an agreement on Thursday to end a crisis over leadership of the central bank,

Oil prices end lower

Reuters · 1d

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 economy, while declining U.S. crude oil and fuel stockpiles provided support.

MarketWatch on MSN · 1d

Oil prices end lower as optimism over China stimulus plan fades

Oil futures finished lower Wednesday, pulling back from strong gains a day earlier when China’s announcement of an aggressive monetary stimulus plan sparked a broad commodities rally.

Irish Independent on MSN · 11h

Price of oil is dropping as Opec members plan to open the taps

The Organisation of the Petroleum Exporting Countries and its allies will go ahead with a planned oil production increase in December but first need to cut output to address overproduction by some members,

Oil steadies

Reuters on MSN · 1h

Oil steady but on track for weekly drop on firmer supply outlook

Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased output from Libya and the broader OPEC+ group against fresh stimulus from top importer China.

MarketWatch on MSN · 28m

Oil steadies, but heads for losing week on prospect of increased supply

Oil futures ticked higher Friday, but remained on track for weekly losses on expectations OPEC+ will boost production before year-end as investors cast doubt on whether an aggressive round of monetary stimulus from China will shore up demand from the world’s largest crude importer.

NBC New York · 9m

U.S. crude oil heads for weekly loss as Saudi supplies look set to return

Prices have fallen even as conflict in the Middle East escalates, with Israel and Hezbollah trading blows in Lebanon.

23h

Libya’s East Government Pledged to Reopen Oil Fields, UN Says

Libya’s eastern-based government has promised to reopen the country’s oil fields shortly, the United Nations’ envoy to the ...

EconoTimes2h

Crude oil trades weak on production increase, good to sell on rallies

It hits a low of $65.29 and is currently trading around $67.80. The anticipated Libya output boost and production increase by ...

1don MSN

Commodity Roundup: Oil extends losses on prospect of more supply from Saudi and Libya, gold rallies

Oil prices slipped on Thursday, extending losses from the previous session, after reports suggested Saudi Arabia, the world's ...

InvestmentNews2h

It's been a bad week for oil, deep weekly loss expected

Elsewhere, Hurricane Helene barreled into the western coast of Florida, packing dangerous winds and threatening to unleash ...

Crude Oil Prices5h

Oil Prices Dip on Talks of a Middle East Ceasefire

Hopes for a ceasefire in the Middle East, combined with potential Saudi production increases and Libyan export restarts, are ...

12h

Oil Prices Fall as Expectations of Higher Supplies Hammer Market Sentiment

Separately, the Organization of Petroleum Exporting Countries (OPEC), and its allies, a group known as OPEC+, are currently ...

Oil prices fall on expected supply boost from Libya, Saudi

The prices of crude oil lowered as supply risks began to ease in the global commodities market. Brent crude plunged by 2.5% ...

1don MSN

Oil prices slide on prospects Saudi Arabia to raise output

Oil prices slipped on Thursday, reversing earlier gains, on news that Saudi Arabia, the world's top crude exporter, will give ...

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