Libya's Oil Output Falls to Six-Month Low as Field Shuts

EghtesadOnline: Libya’s crude production dropped to about 500,000 barrels a day, the lowest since September, as exports from the nation’s second-largest terminal at Zawiya were disrupted.

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Publish Date:02/April/2017 | 08:54

Libya's Oil Output Drops After Biggest Field Closes

EghtesadOnline: Libya’s biggest oil field was said to stop producing, leading to a 20 percent decline in crude output from the country with Africa’s largest reserves.

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Publish Date:02/April/2017 | 08:43

Oil Gains as Libyan Crude Drop Offsets What OPEC Curbs Couldn't

EghtesadOnline: Oil rose after a pipeline halt reduced output in OPEC member Libya, countering concerns that a U.S. surplus shows little sign of diminishing.

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Publish Date:29/March/2017 | 13:14

Libya’s Oil Revival Gathers Pace to Highlight Risks on OPEC Deal

EghtesadOnline: Libya, the holder of Africa’s biggest crude reserves, is ramping up output from its biggest oil field again after two years of internal conflict, the latest reminder of just how vulnerable OPEC’s quest to clear a global crude glut might be.

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Publish Date:04/January/2017 | 14:14

Libya Reopens Oil Fields as Biggest Terminal Is Set to Load

EghtesadOnline: Libya reopened two of its biggest oil fields and began loading its first crude cargo in two years from its largest export terminal as the war-torn country pursues plans to almost double output in 2017.

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Publish Date:21/December/2016 | 19:02

Libya’s ‘Elephant,’ Sharara Oil Fields Restart Said Halted

EghtesadOnline: Libyan oil-facility guards prevented two of the country’s biggest fields from resuming production, days after the National Oil Corp. reached an agreement to restart operations there to boost output in the politically divided OPEC state.

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Publish Date:19/December/2016 | 20:47

Armed groups take control of Libyan town of Ben Jawad, close to major oil ports: officials

EghtesadOnline: Armed groups took control on Wednesday of the Libyan town of Ben Jawad, close to some of Libya's major eastern oil ports, security officials said.

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Publish Date:07/December/2016 | 11:41

Libya to Nearly Double Oil Output as OPEC’s Task Gets Harder

EghtesadOnline: OPEC’s Libya plans to almost double crude production next year even as the producer group tries to implement a deal to trim production and ease a global supply glut.

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Publish Date:16/November/2016 | 11:06

Libya’s Largest Oil Port May Be Ready Next Week for Shipments

EghtesadOnline: Libya’s largest oil export terminal may re-open as early as next week in a move that would provide relief for the cash-strapped country holding Africa’s largest crude reserves.

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Publish Date:09/November/2016 | 10:06

Libya Oil Port Ships First Cargo Since 2014 as Fighting Ebbs

EghtesadOnline: A tanker sailed from Libya with a crude cargo bound for Italy after a halt in fighting between rival armed forces enabled the OPEC country to resume exports from its third-largest oil port for the first time since 2014.

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Publish Date:21/September/2016 | 17:24

Libya Clashes Halt First Oil Cargo From Ras Lanuf Since 2014

EghtesadOnline: Libya halted loading what would be the first overseas crude shipment from the port of Ras Lanuf since 2014 as rival armed forces began fighting for control of the facility, complicating efforts to end a five-year conflict that has slashed oil exports from the OPEC country.

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Publish Date:18/September/2016 | 09:58

Oil Tanker Due to Load Crude at Key Libyan Port Has Small Delay

EghtesadOnline: An oil tanker that’s supposed to collect crude from a key Libyan export terminal for the first time in almost two years is encountering a slight delay, an official said.

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Publish Date:17/September/2016 | 10:14

Oil prices fall on concerns of oversupply as Libyan output recovers

EghtesadOnline: Oil prices fell on Wednesday, weighed down by concerns of oversupply as Libyan output improves and as U.S. gasoline inventories rose despite the peak summer driving season.

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Publish Date:23/August/2017 | 05:22

Oil gains ahead of producer meeting; Nigeria, Libya output in focus

EghtesadOnline: Oil prices gained on Monday after a steep fall the session before, buoyed by expectations that a joint OPEC and non-OPEC meeting later in the day may address rising output in Nigeria and Libya, two OPEC members so far exempt from a push to cut production.

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Publish Date:24/July/2017 | 04:59

Oil Drops to Seven-Month Low as Libya Adds to Persistent Surplus

EghtesadOnline: Oil dropped to the lowest in seven months amid a revival in output from Libya and rising volumes of fuel held in floating storage.

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Publish Date:20/June/2017 | 24:46

Oil Set for Longest Run of Weekly Losses Since 2015 Amid Glut

EghtesadOnline: Oil headed for the longest run of weekly losses since August 2015 as U.S. crude stockpiles remain stubbornly high and as Libyan production climbs toward the most in four years.

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Publish Date:16/June/2017 | 07:12

Oil rises on Libyan supply disruptions, likely OPEC output cut extension

EghtesadOnline: Oil prices on Wednesday extended gains from the previous session, lifted by supply disruptions in Libya and expectations that an OPEC-led output reduction will be extended into the second half of the year.

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Publish Date:29/March/2017 | 08:57

Oil prices fall as U.S. inventories, Libya output weigh

EghtesadOnline: Oil prices slipped in tepid Asian trading on Thursday, dragged down by an unexpected rise in U.S. crude inventories last week and moves by Libya to boost output over the next few months.

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Publish Date:22/December/2016 | 09:42

OPEC Quest Gets Tougher as Libya and Nigeria Ramp Up Oil Supply

EghtesadOnline: Nigeria and Libya, two crude suppliers in OPEC whose output was crushed by domestic conflicts this year, are ramping up again and spelling out what could become the producer club’s biggest challenge as it grapples with a global supply glut.

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Publish Date:02/November/2016 | 05:51

Oil climbs as Venezuela sees output deal, Libya suffers clashes

EghtesadOnline: Oil prices rose almost 2 percent on Monday, after Venezuela said OPEC and non-OPEC producers were close to reaching an output stabilizing deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted.

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Publish Date:19/September/2016 | 05:48