Algerian special forces have found the bodies of two Canadian Islamist fighters after a bloody siege at a desert gas plant, a security source said on Monday, as the death toll reached at least 80 after troops stormed the complex to end the hostage crisis.» Read More
SINGAPORE, Sept 26- Brent crude slipped below $97 a barrel on Friday, set for its third weekly fall in four, as hefty supplies erased price gains and outweighed concerns that rising tensions in the Middle East could disrupt supply. France has joined a U.S.-led coalition which stepped up air strikes on Islamic State targets in Syria and Iraq.
SINGAPORE, Sept 26- Brent crude held above $97 a barrel on Friday, set for its third weekly fall in four, as hefty supplies capped price gains and outweighed concerns that rising tensions in the Middle East could disrupt supply. France has joined a U.S.-led coalition which stepped up air strikes on Islamic State targets in Syria and Iraq.
SINGAPORE, Sept 26- U.S. oil futures steadied above $92 a barrel on Friday and were heading for a modest gain for a second week in a row on falling U.S. crude stocks, but investors were keeping an eye on the firmer dollar which has weighed on both commodities and equities. *U.S. crude for November delivery was up 5 cents at $92.58 a barrel by 0033 GMT.
TOBRUK, Libya, Sept 25- Libya's oil output has risen further, pushing world oil prices lower, defying the chaos of more fighting between the factions that divide the country and a government driven from the capital. There are still fears Libya could descend into all out civil war, with two parliaments and governments competing for legitimacy.
TOBRUK/ LONDON, Sept 23- Food prices have risen in Libya as payments problems, fighting and a breakdown in authority disrupt the usual import routes as the country spins out of control three years after the ousting of Muammar Gaddafi.
Sept 18- U.S. regulators are investigating a Goldman Sachs Group Inc internship for the brother of a former official at Libya's sovereign wealth fund and perks allegedly offered by the bank to the fund, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
*Russia says air strikes would be aggression. BEIRUT, Sept 11- By striking Islamic State in Syria, the United States would be weakening one of President Bashar al-Assad's major enemies. The U.S. strategy for tackling Islamic State in Syria is unlikely to yield quick results.
BENGHAZI, Libya, Sept 3- A group of rebels campaigning for autonomy in eastern Libya rejects the parliament set up by another armed group in Tripoli but will honour a deal to keep major oil ports open, a rebel spokesman said on Wednesday.
SINGAPORE, Aug 28- U.S. crude held near $94 a barrel on Thursday after a neutral inventory report, with investors looking ahead to economic data to gauge the outlook for demand in the world's largest oil consumer. *U.S. crude had edged down 13 cents to $93.75 a barrel by 0033 GMT.
BENGHAZI, Libya/ CAIRO, Aug 25- The Libyan parliament that was replaced in an election in June reconvened on Monday and chose an Islamist-backed deputy as prime minister, leaving the chaotic country with two rival leaders and assemblies each backed by armed factions.
CAIRO/ BENGHAZI, Aug 25- Libya wants the international community to help protect its oilfields, airports and other state assets as it is too weak to stop armed groups fighting for control, its ambassador in Cairo said on Monday.
Sunni insurgents have made sweeping gains across northern Iraq in the last month, over-running several oilfields and raising concerns about the security of oil supplies from the south of the country.
SINGAPORE, Aug 5- U.S. crude futures steadied above $98 a barrel early on Tuesday as renewed worries over potential disruption to supplies from continuing unrest in Libya and Iraq helped oil bounce off six-month lows. *U.S. crude for September delivery was up 13 cents at $98.42 a barrel by 0007 GMT, adding to a 41 cent gain on Monday.
LONDON, Aug 1- After a legal show-down in Texas this week, the outlook for a handful of tankers holding some $300 million worth of Kurdish oil is not looking good.
*Tripoli fighting spreads to western city district. TRIPOLI, July 31- Clashes with artillery and rockets spread on Thursday into two Tripoli districts, where rival militia brigades were battling over the airport in Libya's worst fighting since the 2011 revolt that ousted Muammar Gaddafi.
TRIPOLI, July 31- Heavy shelling resumed on Thursday in southern Tripoli where rival militia brigades were battling for control of the capital's main airport in some of the worst clashes since the 2011 revolt which ousted Muammar Gaddafi.
MADRID, July 24- Cash-rich Spanish oil company Repsol beat quarterly profit forecasts as a jump in its refining margin helped cushion production declines and said it would return money to shareholders if it failed to find suitable acquisitions.
*U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23- Crude oil futures rose on Wednesday, as oil stockpiles in the United States fell more than expected and geopolitical tensions in Eastern Europe and the Middle East persisted.
*U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23 (Reuters)- Oil futures rose on Wednesday, with U.S. crude outpacing Brent, after oil stockpiles in the United States fell more than expected. Brent crude for September delivery was up 9 cents at $107.42 a barrel at 12:59 p.m. EDT ( 1659 GMT), after slipping 35 cents in the previous session.
*Fresh clashes in Tripoli and Benghazi. BENGHAZI, Libya, July 22- A twin suicide bombing at a Libyan army base in Benghazi killed at least four solders in an escalation of clashes between Islamist militants and regular forces battling to oust them from the eastern city. Suicide bombings are rare in Libya, where a fragile government is struggling to impose order.