Oil prices were little changed on Friday as the market balanced a weaker U.S. dollar and mixed U.S. jobs reports, but both crude benchmarks ended the first week of the year lower due to global recession concerns, reported Reuters.
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Osama Hammad, Minister of Planning and Finance in the government appointed by the House of Representatives, said that he will…
Member of the House of Representatives, Hassan Al-Zarqa, confirmed that the commander of the Libyan National Army, Field Marshal Khalifa…
Oil prices were little changed on Wednesday as a larger-than-expected draw in U.S. crude stocks offset worries about rising COVID-19 cases in top oil importer China, Reuters reported.
The Governor of the Central Bank of Libya (CBL), Saddek Elkaber, held a meeting on Tuesday with the Head of the Audit Bureau, Khaled Shakshak, for talks on the government spending in 2022 as well as the budget for 2023, according to brief statement by CBL.
The Libyan Prime Minister, Fathi Bashagha, directed a message to the Italian oil company, Eni, regarding its entry into discussions with the Government of National Unity (GNU) about amending oil quotas.
Arabian Gulf Oil Company official, Abu Bakr bin Amer, held a meeting with representatives of the SLB Schlumberger North Africa,…
The Organization of Petroleum Exporting Countries (OPEC) has agreed to write off Libya’s accumulated debts, estimated at 20 million Libyan dinars, Libya’s Ministry of Oil and Gas announced on Monday.
The President of the Libyan Presidential Council (PC), Mohamed al-Menfi, met Saturday with the President of China, Chen Jinping, on the sidelines of the first Arab-Chinese summit, held in Saudi Arabia.
A former JPMorgan investment manager and an ex-Julius Baer banker were found guilty in a London court on Thursday of defrauding a Libyan sovereign wealth fund out of millions of dollars by paying hidden fees to their own offshore companies.