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Libya Cuts August Crude Oil Prices
Libya’s state-run National Oil Corporation (NOC) has reduced the official August selling price of its benchmark Es Sider crude to the lowest level in almost three years, reports Bloomberg. The price of...
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Libya Raises September Crude Price
Libya’s state-run National Oil Corporation (NOC) has raised the September selling price of its benchmark Es Sider crude by 60 cents to dated Brent minus 70 cents a barrel. According to Reuters, the NOC...
View ArticleLibya Increases Oil Price
Bloomberg reports that Libya’s state-run National Oil Corporation (NOC) has raised the official selling price of its benchmark Es Sider crude for June to a premium of 15 cents a barrel over Dated...
View ArticleWorld Bank Warns on Libya Finances
A report published on Thursday by the World Bank focuses on the implications of low oil prices for eight developing countries — Egypt, Tunisia, Lebanon, Jordan, Iran, Iraq, Yemen and Libya — and the...
View ArticleBankruptcy Looms over Libya
A joint statemen issued by Britain, France, Germany, Italy, Spain and the United States has warned that Libya could face bankruptcy if its oil output, and international price of oil, continue to fall:...
View ArticleLibyan Govt Raises Kerosene Price
By John Lee. Libya’s internationally recognised government has said it was sharply increasing the price of kerosene for industrial and commercial use as a first step to reform costly fuel subsidies and...
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