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Libya

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  • TRIPOLI, Jan 26- Oil output from Libya, where ports and oilfields have been shut due to fighting, has fallen to 363,000 barrels a day with exports at about 200,000, the oil minister appointed by forces in control of the capital Tripoli told Reuters. Its oil minister, Mashallah Zwai, told Reuters in an interview that Libya is producing 362,780 bpd of oil, showing a...

  • TRIPOLI, Jan 22- The United Nations on Thursday condemned a reported attack on an office of Libya's central bank in the eastern city of Benghazi, calling for an inquiry into the incident that has complicated talks between the country's warring parties. The U.N. last week brought together in Geneva some of Libya's rival factions in an attempt to negotiate an end to...

  • Commodities tomorrow: Nat gas hit on warmer temps  Tuesday, 20 Jan 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. WTI was down more than $2 on the day. The IMF cutting its growth forecast and weak China data were among the reasons why.

  • Commodities tomorrow: No reason oil will turn  Thursday, 15 Jan 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. After oil went up to $51, it came down nearly 10 percent to around $46.

  • Commodities tomorrow: Oil up?  Wednesday, 14 Jan 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A volatile trading day with buying action into the close. Oil had its best day since June 2012.

  • UAE oil minister: OPEC won't back down  Tuesday, 13 Jan 2015 | 3:30 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down again today, as the spread between WTI and Brent narrowed. OPEC announced it would still not cut production.

  • Commodities tomorrow: Oil drops, equities drop  Monday, 12 Jan 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Another big drop in oil dragged down equities. A GS forecast that said oil could go to $40 and OPEC refusing to cut production were the reasons why.

  • Commodities tomorrow: OPEC blames US for oil prices  Wednesday, 7 Jan 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude ended a little higher on the day, after Brent went under $50 last night. A significant build in gasoline could mean even lower prices at the pump.

  • Commodities tomorrow: Oil in $30s next?  Tuesday, 6 Jan 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil dropped another 4 percent today as traders look at the global economy and wonder where the tipping point actually is.

  • CAIRO, Jan 6- The central bank is burning through its foreign reserves and many government services are being cut as Libya reels under the effects of a collapse in oil revenues caused by factional fighting that threatens to tear the country apart. As the fighting has knocked out most oilfields and ports, oil exports have fallen below 300,000 barrels a day, less...

  • CAIRO, Jan 6- The central bank is burning through its foreign reserves and many government services are being cut as Libya reels under the effects of a collapse in oil revenues caused by factional fighting that threatens to tear the country apart. As the fighting has knocked out most oilfields and ports, oil exports have fallen below 300,000 barrels a day, less...

  • Commodities tomorrow: Oil in $30s could be next  Monday, 5 Jan 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude dropped under $50 today, but closed just above. Some traders are lowering their targets to the $30s. Gas saw its 102nd consecutive day of price drops. And nat gas closed under $3 on the day.

  • BENGHAZI, Libya, Dec 31- Libya has made progress containing a fire at its largest oil port that has destroyed four days of the country's oil production but the damage to storage tanks will hamper efforts to resume exports, officials and industry insiders said. Both sides command forces made up of former rebel troops which helped oust Gaddafi but which are now...

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

  • Oil hits fresh five-year low, looks past Libya Monday, 29 Dec 2014 | 11:45 AM ET
    Firefighters work to put out a fire on an oil tank at the port of Es Sider in Ras Lanuf, Libya, Dec. 29, 2014.

    U.S. crude futures hit a new five-year low, reversing earlier gains on concerns about Libyan supply.

  • *Hariga fields still producing- oil official. BENGHAZI, Libya, Dec 29- Libya's oil output has shrunk back further after blazing oil tanks at a major terminal helped world oil prices higher and burnt a bigger hole in its dollar currency reserves. Libya has appealed to Italy, Germany and the United States to send firefighters.

  • World oil demand outlook  Monday, 29 Dec 2014 | 10:31 AM ET

    Has oil found its bottom? Andy Lipow, Lipow Oil Associates president, breaks down the oil complex amid clashes in Libya that have disrupted oil production.

  • Time to buy energy sector?  Monday, 29 Dec 2014 | 9:04 AM ET

    Discussing oil disruption in Libya and if the energy sector is a buy, with Francisco Blanch, BofA Merrill Lynch Global Research, and Brian Belski, BMO Capital Markets.

  • UPDATE 1-Libya fighting destroys two days oil supply Sunday, 28 Dec 2014 | 10:08 AM ET

    BENGHAZI, Libya, Dec 28- A fire caused by fighting at one of Libya's main export terminals has destroyed more than two days of the country's oil production, officials said on Sunday, as clashes escalated between factions battling for control of the OPEC member nation. A missile hit an oil storage tank last week at the port of Es Sider during fighting between forces...

  • WASHINGTON, Dec 23- Libya, torn by a growing political divide that threatens to engulf its oilfields, could become the next Syria if it does not patch its divided government and get help battling Islamic militants, the country's foreign minister said on Tuesday. Dayri represents the internationally recognized government in eastern Libya, which is locked in an...