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
  • Parliamentary Health Committee Reviews Performance of Clinics Contracted with Health Insurance Fund
  • Benghazi Eye Hospital Performs More Than 15 Free Surgeries to Treat Glaucoma
  • Titieh to Security Council: 4+4 Agreement Paves Way for Elections Within 24 Months, Calls for Holding Obstructors Accountable
  • Souq Al-Jumua Municipality Holds Government Responsible for Flood Damage, Calls for Review of Road Projects
  • Parliament Condemns Houthi Attacks on King Khalid Airport in Riyadh
  • Al-Marash: 4+4 Understandings Advance, Calls on UN Mission to Name Obstructionists
  • Sabil Al-Salam Brigade Seizes More Than 1.3 Million Narcotic Pills in Al-Kufra, Three Members Injured
  • National Program for Early Cancer Detection Records 5 Cases in Benghazi in Two Months
  • About Us
  • Contact Us
Facebook X (Twitter) RSS
Libya Update NewsLibya Update News
Subscribe
Saturday, 17 October 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 » Oil prices fall slightly, OPEC+ sticks to its production plans

Oil prices fall slightly, OPEC+ sticks to its production plans

Thursday, February 3, 2022 Business 1 Min Read
Oil tops $83, as Omicron impact expected to be short lived

Oil prices fell, on Thursday, on some profit-taking, but remained supported by a supply shortage as OPEC + producers stuck to moderate increases in production.

Brent crude fell 17 cents, or 0.2 percent, to $89.30 a barrel, after rising 31 cents on Wednesday.

US West Texas Intermediate crude fell 31 cents, or 0.4 percent, to $87.95 a barrel, after rising 6 cents the previous day.

The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, known as OPEC+, stuck on Wednesday to moderate increases of 400,000 barrels per day in their oil production, despite pressure from major consumers to ramp up production more quickly.

Oil Prices OPEC WTI
Follow on Google News Follow on Facebook Follow on X (Twitter)
Share. Facebook Twitter Pinterest LinkedIn Email Reddit Telegram WhatsApp Copy Link
Previous ArticleEU to deliver more vessels to Libyan Coast Guard before summer
Next Article Low pressure dominates Eastern Libya’s weather

Keep Reading

Hosni Bey: Salary Unification Does Not Protect Purchasing Power Without Budget and Subsidy Reforms

Al-Brega Confirms Arrival of 95-Octane Gasoline Shipment in Tripoli and Ongoing Distribution

Seizure of 6,000 Liters of Gasoline in a Farm on the Awjila-Jalu Road

Public Prosecution Orders Detention of National Oil Corporation Officials Over Strategic Data Leak

Sharara Pipeline Closure Increases Production Losses and Threatens Operations at Al-Zawiya Refinery

Al-Hasnawi: “MENA Food” Exhibition is a Platform for Sharing Expertise and a Message Reflecting Benghazi’s Readiness to Host Tourism and International Events

Follow us on Twitter

The Libya Update Verified account 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

Verified account @thelibyaupdate ·
11 Oct

The Deputy Commander-in-Chief of the National Army, Staff General Saddam Haftar, received in his office at the General Command headquarters in #Benghazi, the Speaker of the House of Representatives, Al-Saleheen Abdul-Nabi, and the Deputy of the Presidential Council, Musa Al-Koni.

Reply on Twitter 2109358523293327519 Retweet on Twitter 2109358523293327519 Like on Twitter 2109358523293327519 Twitter 2109358523293327519
thelibyaupdate

The Libya Update

Verified account @thelibyaupdate ·
11 Oct

General Saddam Haftar received Syrian Foreign Minister Asaad Al-Shaibani and Intelligence Chief Major General Abdul Qader Tahhan to discuss joint security matters and opening a Syrian consulate in #Benghazi.

The #Libya Update

Reply on Twitter 2109280933249479014 Retweet on Twitter 2109280933249479014 2 Like on Twitter 2109280933249479014 5 Twitter 2109280933249479014
thelibyaupdate

The Libya Update

Verified account @thelibyaupdate ·
11 Oct

National Program for Early Cancer Detection Records 5 Cases in Benghazi in Two Months

Reply on Twitter 2109213289943327170 Retweet on Twitter 2109213289943327170 Like on Twitter 2109213289943327170 Twitter 2109213289943327170
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.