Oil trades near $46 as Nigeria, Libya await decision to cap crude output
Oil traded near $46 a barrel as crude production rebounded in Libya, an OPEC member exempt from output kerbs. Futures ...
Thursday, March 12, 2026
Tag: Libya
Nigeria, Libya responsible for hike in OPEC June oil output to 32.47mbpd
Recovery in oil production in Nigeria and Libya led to a hike in total Organisation of Petroleum Exporting Countries (OPEC) ...
OPEC caps for Libya, Nigeria crude output not enough to fix oil glut
A proposal that Libya and Nigeria could have to accept limits on their crude production probably would not be enough ...
Citigroup analyst sees oil selling at $60 per barrel by year-end
Crude oil could end the year selling at $60 per barrel if a call by Citigroup senior energy analyst, Eric ...
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 Arabia's Energy Minister Khalid al-Falih talks to journalists before a meeting of OPEC oil ministers in Vienna Saudi Energy ...
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