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
  • Strong Start to Libyan Premier League Decisive Playoffs as Al-Hilal and Al-Ahly Benghazi Secure Early Wins
  • Later age of marriage and rising divorce rates and comprehensive societal solutions
  • General Command and the United Nations emphasize the importance of elections and supporting stability in Libya
  • Libyan News Agency and Khalifa Foundation discuss media partnership mechanisms
  • Chief of Staff discusses military situations in the South and West
  • Minister of Labor and Rehabilitation discusses with Libya Reconstruction strengthening joint cooperation
  • Al-Hwaij emphasizes the importance of modern diplomatic qualification and Benghazi is the starting point
  • The National Oil Corporation issues its annual technical report 2025 and confirms its commitment to transparency
  • About Us
  • Contact Us
Facebook X (Twitter) RSS
Libya Update NewsLibya Update News
Subscribe
Friday, 8 May 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

The National Oil Corporation issues its annual technical report 2025 and confirms its commitment to transparency

Al-Brega: Fuel supplies normal and precautionary measures to ensure market stability

Limited oil price movements with continued tension between Iran and the United States

International strengthening of zero gas flaring efforts at the National Oil Corporation

Conquest of Hormuz revitalizes global supplies and leads oil to a sharp drop

Australia establishes a $2 billion fund to support fuel imports amid a supply crisis

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 ·
7 May

Libyan News Agency and Khalifa Foundation discuss media partnership mechanisms

...https://libyaupdate.com/libyan-news-agency-and-khalifa-foundation-discuss-media-partnership-mechanisms/

The #Libya Update

Reply on Twitter 2052239259172577321 Retweet on Twitter 2052239259172577321 Like on Twitter 2052239259172577321 Twitter 2052239259172577321
thelibyaupdate The Libya Update @thelibyaupdate ·
6 May

Chief of Staff discusses military situations in the South and West

...https://libyaupdate.com/chief-of-staff-discusses-military-situations-in-the-south-and-west/

The #Libya Update

Reply on Twitter 2052101522012475695 Retweet on Twitter 2052101522012475695 Like on Twitter 2052101522012475695 Twitter 2052101522012475695
thelibyaupdate The Libya Update @thelibyaupdate ·
6 May

Minister of Labor and Rehabilitation discusses with Libya Reconstruction strengthening ...joint cooperation

https://libyaupdate.com/minister-of-labor-and-rehabilitation-discusses-with-libya-reconstruction-strengthening-joint-cooperation/

The #Libya Update

Reply on Twitter 2052068933386002526 Retweet on Twitter 2052068933386002526 Like on Twitter 2052068933386002526 Twitter 2052068933386002526
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.