Libya

Nigeria, Libya may be asked to cap crude output later this month, says Kuwait oil minister

Nigeria and Libya, which have both boosted oil production since they were exempt from global cuts this year, may be asked…

Saudi Arabia silent over ‘whatever it takes’ at OPEC’s critical moment

Now is the time to maximize the impact of OPEC’s oil production cuts, yet the market is still waiting for…

Libya oil output at 4-year high loosens OPEC grip on supply

Libya’s oil production has climbed to more than 1 million barrels a day for the first time in four years,…

Russia sticks to conservative $40 oil forecast for 2018 budget

The Russian government is sticking to its conservative assumptions for oil prices as it drafts the budget for the next…

Nigeria ready for output cuts as OPEC mulls deeper cuts to rebalance market

Amid current global oil glut that have seen oil prices slump to a 10-month low despite OPEC members agreed cuts…

Oil market heading in right direction, says Saudi’s energy minister

Saudi Energy Minister Khalid al-Falih said the oil market is heading in the right direction but still needs time to…

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