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Oil prices fell by around 1% in early Asian trade on Monday after major Libyan oilfields resumed production over the weekend following a brief shutdown and after China reported second-quarter economic growth below expectations. In the morning ...
Canadian Dollar reverses sharply lower against the US Dollar after a decline in Oil prices and strong sentiment data boosted the Buck. Oil falls from
Around 108 oilfields was shut on Thursday in a protest by the Al-Zawi tribe against the abduction of former finance minister Faraj Bumatari.
A Libyan tribal elder says security authorities in the capital, Tripoli released a former minister less than a week after his detention. Former Finance Minister Faraj Bumatari, who hails from
BENGHAZI (Reuters) -Production at Libya's Sharara and El Feel oilfields, which were shut on Thursday following the abduction of a former finance minister, has resumed on Saturday evening, four oil engineers and oil ministry said.