Latest News for: Libya traders

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Oil pares gains as traders assess mixed signals on supply after IEA, OPEC revisions; Brent back to $79/bbl

Live Mint 23 Jan 2024
Oil prices fell on Tuesday, January 23, paring some of the previous day's gains, as traders weighed rising crude supply in Libya and Norway against production outages in the United States and geopolitical tensions.
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Oil Prices Forecast: Geopolitical Tensions, API Decline Fueling Early Strength

FX Empire 10 Jan 2024
Additionally, Libya’s National Oil Corporation (NOC) declared a force majeure at the Sharara oilfield, a significant source of crude, further tightening the global supply ... Trader reactions to this pivot will be key in determining market direction.
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Crude Inventories Increase By 1.3 Million Barrels, Exceeding Analyst Expectations

FX Empire 10 Jan 2024
Key Insights ... U.S ... Today, oil traders will also focus on the news from Middle East. The shutdown of Libya’s Sharara oilfield, Houthis’ attacks on ships, and concerns about Israel – Hamas conflict serve as bullish catalysts for oil prices ... Advertisement.
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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Middle East Tensions Persist

FX Empire 09 Jan 2024
WTI oil climbed back above the $72.00 level as traders focused on the closure of Sharara oilfield in Libya ... WTI oil rebounded as traders focused on rising tensions in the Middle East and the production outage in Libya.
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Med crude-Differentials hold firm on Friday

Hellenic Shipping News Worldwide 07 Jan 2024
... on Friday in thin trading, as traders awaited developments from Libya.
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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Protests Shut Libya’s Key Oilfield

FX Empire 03 Jan 2024
Key Insights ... WTI oil rebounds as traders react to the shutdown of Libya’s Sharara oilfield ... WTI oil rallied as traders focus on the shutdown at Libya’s Sharara oilfield that produces 300,000 bpd ... Europe Chills, While US Traders Eye Next Week’s Warm-Up.
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Report: Libyan move to lift fuel subsidies creating worries in southern Tunisia

Al Wasat 17 Dec 2023
According to the report, Libya's recent measures to lift fuel subsidies have caused great concern among traders and smugglers in parallel markets, especially on Tunisia's southern border ... Libya loses ...
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Libyan militias are ‘making a killing’ off kidnapping refugees for ransom

Al Jazeera 10 Dec 2023
Bani Walid, LibyaSalem Doma never imagined that, after escaping government oppression at home in Eritrea, his greatest hardship still lay ahead, in the town of Bani Walid in northwest Libya ...Refugees in Libya’.
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NSCDC Arrests Two for Alleged Human Traffickers in Ondo

This Day 03 Oct 2023
Operatives of the Nigeria Security and Civil Defense Corps (NSCDC) have arrested two suspects for alleged human trafficking of three girls from Akure, the Ondo State capital to Libya ... Dada Fowowe “a.k.a Iya Alaso,” 47 years, trader from Ondo-State.
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RINGGIT OPENS HIGHER VS USD, MAJOR ASEAN CURRENCIES

Malaysian National News Agency 13 Sep 2023
SPI Asset Management managing director Stephen Innes said the ringgit opened stronger on the back of long dollar profit taking as well as high oil prices due to supply disruptions following the catastrophic flood in Libya.
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Oil Prices Forecast: Navigating the Bullish Surge Amid OPEC Production Cuts, US Inventory Drops

FX Empire 07 Sep 2023
Highlights ... 1 ... dollar’s strength, potential oil supply boosts from nations like Iran, Venezuela, and Libya, and upcoming refinery maintenance schedules. Consequently, traders should remain alert to both bullish and bearish pressures in the coming weeks.
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War has destroyed my Darfur town – but I will keep fighting for justice

The New Humanitarian 08 Aug 2023
Republish this article NAIROBI ... Then the inevitable happened ... It is about the damage it does to your sense of agency ... Traders are bringing in goods from neighbouring South Sudan and Libya, but bad roads and insecurity impact their efforts ... .

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