The gloom in the physical market is another headwind for oil futures, which shed nearly 5% Tuesday despite concerns over an ...

This resumption positions Libya to benefit from higher oil prices, potentially increasing revenue significantly', Dryad ...

VLCC rates have largely been climbing over the last several weeks, rising from a 2024 low of $26,257 per day on 30 August to ...

Tuesday closed down -3.57 (-4.63%), and Nov RBOB gasoline (RBX24) closed down -8.57 (-3.98%). Crude oil and gasoline prices ...

In this month's outlook, EIA educed its 2025 forecast for US Lower 48 states (L48) crude oil production from last month by 1% ...

The North African nation has struggled with political instability since the ousting of Muammar Gaddafi in 2011.

European stocks fell sharply Tuesday, with luxury goods and drinks companies among the biggest decliners, as investors expressed disappointment at the lack of detail on China's stimulus plans and ...

The Austrian energy company said growing security concerns in Libya hampered third-quarter earnings, along with weaker oil ...

Libya’s state National Oil Corporation (NOC) reported today that its subsidiary Akakus Oil Operations has completed the ...

Libya, which pumped about 1.2 million bpd of oil before the latest political stalemate, was plunged into a deeper political crisis over the row about the leadership of the Central Bank of Libya, the ...

Libya’s oil production climbed above 1 million barrels a day for the first time in two months, after the resolution of a ...

The National Oil Corporation (NOC) announced last Thursday (3 September) that it has lifted its force majeure declared on 2nd ...