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Libya

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  • TRIPOLI, Nov 28- Libya's self-proclaimed prime minister has warned that attempts by a rival government in the east to assert control over the oil industry could escalate the political conflict dividing the OPEC member state and force it to break in two. Libya has had two governments competing for power since August when a group called Operation Libya Dawn,...

  • TRIPOLI, Nov 26- Libya's rival government wants to send its oil minister to the OPEC summit in Vienna this week and will refuse to comply with any production decisions if it is denied access, the minister said. Libya has two cabinets and parliaments vying for legitimacy since a rival group took control of Tripoli in August, installing its own prime minister and...

  • TRIPOLI, Nov 26- Libya's rival government wants to send its oil minister to the OPEC summit in Vienna this week and will refuse to comply with any production decisions if it is denied access, the minister said. Libya has two cabinets and parliaments vying for legitimacy since a rival group took control of Tripoli in August, installing its own prime minister and...

  • Commodities tomorrow: Nat gas pops on cold     Wednesday, 19 Nov 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. WTI was down again, and stayed under $75 after a 2.4 million barrel build. Nat gas popped due to the cold weather.

  • Commodities tomorrow: WTI under $75     Tuesday, 18 Nov 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down again, and closed under $75. Traders say there could be more pressure from here. Nat gas was down on the day.

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. The global supply glut concerns continue, as WTI and Brent were both down on the day. Nat gas popped 7 percent as cold weather hit the midwest.

  • Commodities tomorrow: Oil under $75     Thursday, 13 Nov 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil fell to below $75/barrel, mostly due to news out of Mexico and a significant increase in U.S. production.

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was under pressure in the morning, but ended the day up slightly. The stronger dollar and supply situation continue to put pressure on oil.

  • CAIRO, Nov 11- Libya's biggest oilfield, shut down by gunmen last week, may struggle to rebuild production as the conflict splintering the desert nation draws in ever more groups of fighters, including poor southern tribes staking a claim to land resources. The 340,000- barrels-a day El Sharara oilfield was attacked last week by gunmen who shut off a main source...

  • Commodities tomorrow: Bad day all around     Monday, 10 Nov 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down another dollar today. Natural gas was down on the day, even though a major cold snap is on the way.

  • Commodities tomorrow: OPEC's world outlook     Thursday, 6 Nov 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow: Gold gets gutted     Wednesday, 5 Nov 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude bounced in the morning after reports of an explosion at a Saudi pipeline. That and a bullish inventory report drove the price up a bit.

  • Commodities tomorrow: $70 oil next?     Tuesday, 4 Nov 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil fell to $75 today but ended up a bit above $77. Strength in the dollar continues to drive oil prices lower.

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude had a volatile day until Saudi Arabia was cutting the price of oil to the US.

  • Commodities tomorrow: Gold pummeled post-Fed     Thursday, 30 Oct 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A stronger dollar took its toll on commodities today. Oil was down a buck, and gold got pummeled today.

  • Commodities tomorrow: OPEC says 'don't panic'     Wednesday, 29 Oct 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Gold was lower before the Fed meeting. A hawkish tone by the Fed didn't help. Oil was up slightly on the day on some technical buying and short covering. OPEC says don't panic.

  • Libya near ‘point of no return’: UN envoy Wednesday, 29 Oct 2014 | 3:47 AM ET
    Bullet casing and damaged airplanes on the tarmac at Tripoli international airport after fighters from the Libyan Dawn coalition captured the airport from allies of rogue general Khalifa Haftar.

    Libya is nearing a “point of no return”, as warring factions struggle to agree on a political future, a United Nations envoy has warned.

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Stocks were up, and so was crude oil. Traders still expect prices to go lower in the next few days.

  • Why OPEC's losing its ability to set oil prices Monday, 27 Oct 2014 | 5:22 PM ET
    Workers make a pipe connection on the drill string on the Orion Perseus drilling rig near Encinal in the Eagle Ford Shale in Webb County, Texas.

    OPEC is losing its price-setting influence on global oil prices to U.S. shale production, according to Goldman Sachs analysts.

  • Commodities tomorrow: How low should oil go?     Monday, 27 Oct 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil fell below $80 today, but did close around $81.