A statement by the Central Bank of Libya (CBL) showed on Tuesday evening that the total actual revenue during the first quarter of the current year 2022 amounted to 3.4 billion Libyan dinars ($0.7 billion), while expenditure amounted to 14.7 billion Libyan dinars ($3 billion).
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Oil prices steadied in volatile trade on Tuesday as growing worries about coronavirus demand destruction offsets supply concerns as the…
Oil Minister Mohamed Aoun met on Monday with mayors of several municipalities, including Sorman, Souk Al-Juma’a, Ajeilat and Zahraa, to…
Oil jumped over 3% on Monday toward $108 a barrel as the release of strategic reserves by consuming nations failed…
The Governor of the Central Bank of Libya (CBL), Saddek Elkaber, met on Monday Turkey’s ambassador to Libya, Kenan Yilmaz,…
Libya’s National Oil Corporation (NOC) and French oil form Total Energies have signed a $20 million agreement to implement sustainable…
Libyan Oil Minister Mohamed Aoun affirmed on Sunday that the National Oil Corporation (NOC) is affirmed with the government of Abdul…
Governor and Deputy Governor of the Central Bank of Libya, Siddiq al-Kabir and Ali al-Hibri, briefed US Ambassador to Libya, Richard Norland, on the progress made in the reunification of the Bank, CBL said in a statement on Saturday.
Economy Minister of the Libyan outgoing Government of National Unity (GNU), Mohamed Al-Huwaij, discussed with the Governor of the Central Bank of Tunisia, Marouane al-Abbasi, mechanisms to support and encourage the financial sector and provide the necessary facilities for companies and businessmen.
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OPEC’s increased oil output in March fell short of its target under a deal with allies, a Reuters survey found,…