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Brent Crude Climbs 4.5 Percent To $ 62.35 A Barrel

Brent crude climbed 4.5 percent on Monday to $ 62.35 a barrel after Qatar withdrew from the Organization of the Petroleum Exporting Countries (OPEC) as of Jan. 1, 2019. Oil prices also rose 5 percent after the United States and China agreed not to impose any new tariffs for 90 …

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Fire controlled at Zelten oil field

Sirt Oil Company announced that it had taken control of a fire that broke out in Zelten oil field. A source from the field told Reuters on Saturday that one employee was injured in the fire, which was caused by leakage at a field treatment plant.   In December last …

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NOC confirms availability of fuel despite clashes in Tripoli

The National Oil Corporation (NOC) confirmed the availability of fuel despite the armed clashes taking place in the south of Tripoli. The NOC said on its official website on Sunday that there are alternative plans prepared by Brega Oil Marketing Company to market oil in advance to continue work on …

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