Close Menu
Libya Update NewsLibya Update News
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Facebook X (Twitter) RSS
Trending
  • NOC discusses development plans and production increase with Sarir
  • Health Ministry and WHO Discuss Support for Tuberculosis Services at Al-Kuifiya Hospital
  • How Dbeibeh Became Preoccupied with Destabilizing the South and Lost Control of Tripoli
  • High Committee Reviews Arrangements for Implementing the Cultural and Artistic Program for Benghazi as Arab Capital of Culture 2026
  • Operational Testing Begins for Third Unit at Al-Zawiya Power Plant With 220 Megawatt Capacity
  • Disinfection Campaign Targets Military Prisons Administration in Tripoli by Military Ambulance and Rescue Unit
  • Conclusion of a Training Course on Preparing Election Campaigns for Candidates in Benghazi
  • Arab Parliament Urges International Community to Act Swiftly to Protect Palestinian People
  • About Us
  • Contact Us
Facebook X (Twitter) RSS
Libya Update NewsLibya Update News
Subscribe
Tuesday, 28 July 2026
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Libya Update NewsLibya Update News
Home » Brent over $100 with lifting force majeure on Libyan oil fields and ports

Brent over $100 with lifting force majeure on Libyan oil fields and ports

Monday, July 18, 2022 Oil & Gas 1 Min Read
Libya to prioritize $3bn Mellitah offshore project

Brent crude futures for September settlement rose 69 cents, or 0.7 percent, to $101.85 a barrel, after rising 2.1 percent on Friday.

US West Texas Intermediate crude futures for August delivery also rose 27 cents, or 0.3 percent, to $97.86 a barrel, after rising 1.9 percent in the previous session.

This rise was supported by a weak dollar and tight supplies, which offset fears about a recession and the possibility of a large-scale shutdown of Covid-19 in China, which again reduced the demand for fuel.

This rise came, while Farhat Bengdara, head of the Libyan National Oil Corporation in Libya, announced Friday the end of the closures in all oil fields and ports and the lifting of force majeure.

 

Brent Crude China Libya Oil
Follow on Google News Follow on Facebook Follow on X (Twitter)
Share. Facebook Twitter Pinterest LinkedIn Email Reddit Telegram WhatsApp Copy Link
Previous ArticleDbeibeh denies making any deal to change NOC’s board of directors
Next Article Nadori in Tripoli to complete consultations on military institution unification

Keep Reading

NOC discusses development plans and production increase with Sarir

Al-Brega Increases Diesel Allocations for West Tripoli Power Plant to 120 Million Liters

Al-Brega: 8 Million Liters of Gasoline Daily for Stations in Tripoli and its Suburbs

National Oil Corporation Announces Commercial Viability of “Al-I’sar” Discovery in Concession 103

Amid Ongoing Diesel Crisis in Libya, Al-Brega Explains Mechanism for Supplying Private Sector and Contracting Conditions

Oil Prices Decline

Follow us on Twitter

The Libya Update Follow

Stay ahead of the curve with The #Libya Update - your go-to source for news and insights on Libyan politics, business, culture, and more. #LibyaNews

TheLibyaUpdate
thelibyaupdate The Libya Update @thelibyaupdate ·
27 Jul

How Dbeibeh Became Preoccupied with Destabilizing the South and Lost Control of Tripoli

Reply on Twitter 2081760998071931321 Retweet on Twitter 2081760998071931321 Like on Twitter 2081760998071931321 Twitter 2081760998071931321
thelibyaupdate The Libya Update @thelibyaupdate ·
27 Jul

High Committee Reviews Arrangements for Implementing the Cultural and Artistic Program ...for Benghazi as Arab Capital of Culture 2026

Reply on Twitter 2081684837295902765 Retweet on Twitter 2081684837295902765 Like on Twitter 2081684837295902765 Twitter 2081684837295902765
thelibyaupdate The Libya Update @thelibyaupdate ·
27 Jul

Operational Testing Begins for Third Unit at Al-Zawiya Power Plant With 220 Megawatt ...Capacity

Reply on Twitter 2081667384331420022 Retweet on Twitter 2081667384331420022 Like on Twitter 2081667384331420022 Twitter 2081667384331420022
libya update
Facebook X (Twitter) RSS

News

  • National News
  • The Maghreb News
  • Middle East News
  • Business News
  • Sports News

Company

  • Information
  • Ethics Policy
  • Corrections Policy
  • Fact-Checking Policy
  • GDPR Policy

Categories

  • Editors’ Picks
  • Opinion
  • Health & Lifestyle
  • Videos
  • Infographics

Subscribe to Updates

    © 2026 All copyrights reserved. The Libya Update.
    • About Us
    • Privacy Policy
    • Advertising

    Type above and press Enter to search. Press Esc to cancel.