In a statement published on its official Facebook page, Libya’s Tripoli-based Ministry of Interior condemned cutting off Tripoli and its suburbs’ water, classifying this act as a war crime. In an official statement, the ministry accused the eastern-based Libyan National Army (LNA) of cutting off wa…

The Tripoli based Central Bank of Libya (CBL) announced in its latest statistical bulletin today that Libya’s oil revenues totalled 1.9 billion dinars ($1.3 billion) in the first quarter of the year. The CBL stressed that it provided all the money requested by the Ministry of Health as well as the Medical Suppl…

Oil prices pulled back Wednesday, with benchmark Brent turning negative as U.S. crude inventories surged the most on record, but the pullback was muted by hopes that a meeting between OPEC and allied producers on Thursday will trigger output cuts. U.S. crude inventories rose 15.2 million barrels in the week, t…

World equity markets moved higher and oil prices stabilized on Wednesday on hopes the coronavirus pandemic is peaking and that more government stimulus measures could be on the way. In midday trading on Wall Street, the Dow Jones Industrial Average rose 496.11 points, or 2.19%, to 23,149.97, the S&P 500 gai…