Page 191 - Libya General News Today

A flimsy rubber boat collapsed and sank in the Mediterranean Sea off Libya’s coast, leaving at least 30 people including women and children missing and feared dead, an international charity said Wednesday. Officials said meanwhile they found the bodies of 20 migrants who they said died of thirst in the desert close to the border…

TRIPOLI/BENGHAZI, Libya (Reuters) -Fury at Libya's feuding leaders boiled over on Friday as protesters stormed the parliament building in the eastern city of Tobruk and staged the biggest demonstration for years in the capital Tripoli, in the west.

LONDON: Oil prices rose about 2 percent on Friday, recouping most of the previous session’s declines, as supply outages in Libya and expected shutdowns in Norway outweighed expectations that an economic slowdown could dent demand, according to Reuters. Brent crude futures were up $2.20, or 2 percent, at $111.23 a barrel by 1348 GMT, having dropped to $108.03 a barrel earlier

Libya’s National Oil Corporation (NOC) declared force majeure on crude exports from its oil terminals amid continued blockades of production and ports, which have severely crippled Libya’s oil exports

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Libya's oil exports have fallen to about a third of last year's level.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Oil prices rose about 3% on Friday, recouping most of the previous session's declines, as supply outages in Libya and expected shutdowns in Norway outweighed expectations that an economic slowdown could dent demand.

Protesters stormed Libya's parliament building in the eastern city of Tobruk on Friday, demonstrating against deteriorating living conditions and political deadlock, Libyan media reported.

The Libyan National Oil Company (NOC) has suffered losses of over $3.5 billion because of the forced closure of major oil sites since mid-April.