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News
18 Sep, 2024 | News
Al-Messalati Announces Resumption of Work at Sebha Oil Depot
18 Sep, 2024 | News
Al-Kabeer Discloses Government Threats and Expresses Willingness to Step Down if Parliament and State Council Agree
18 Sep, 2024 | News
Berndt Discusses the Central Bank Crisis with a Delegation from the Government of National Unity
17 Sep, 2024 | News
Bloomberg: “Egypt and Turkey Pressure Libya’s Rival Governments to Reach an Agreement to End the Strangling Oil Blockade”
17 Sep, 2024 | News
Belqacem Haftar: “10 Billion Dinars Allocated by the House of Representatives Insufficient for National Reconstruction”
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Dollar takes “a back seat”
2 Mar, 2020 | News
The dollar was on the back foot on Monday as growing expectations of U.S. interest rate cuts to cushion the impact of the coronavirus stemmed some safety flows into the greenback. Yet, the euro last traded 0.3% firmer at a month-high of $1.059, while the Australian dollar rose 0.4% to $0.6531, and the pound e…
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Oil prices pared losses
2 Mar, 2020 | News
Today, oil prices rebounded more than $1 a barrel on hopes that a bigger than expected production cut from OPEC and stimulus from central banks could offset economic gloom from the coronavirus outbreak. Brent crude last traded at $51.3 per barrel, while U.S. crude at $46.1 per barrel.
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Gold rose more than 1%
2 Mar, 2020 | News
Gold rose more than 1% today, rebounding from a steep decline across precious metals in the previous session, amid investor hopes the U.S. Federal Reserve will cut interest rates to cushion the impact of the fast-spreading coronavirus. Spot gold gained 1.2% to $1,603.19 per ounce by 09:04 GMT. U.S. gold future…
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NOC: Investigation on the pillage of Libyan fuel
2 Mar, 2020 | News
The NGOs Trial International and Public Eye have released a report looking at the smuggling of Libya’s fuel. In a statement, Libya’s National Oil Corporation claimed that it supports this report as the NOC continues to put the fight against smuggling among its top priorities. NOC Chairman Mustafa San…
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