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 …
Read More »Libya Resumes Exporting Crude Oil
(Author: Libyan Gazette Editorial Staff) Libya’s crude oil production increased over 70 percent since last month after the reopening of a few oil fields and oil ports which were closed for the last two years. On Tuesday, Ibrahim Al-Awami, the head of oil measurement department at Libya’s National Oil Corporation …
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