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Libya

Nov 16, 2016 at 13:27 | Source: Reuters
At the September meeting, OPEC agreed on modest preliminary oil output cuts in the first such deal since 2008, with special conditions given to Libya, Nigeria and Iran, whose output has been hit by wars and sanctions.
Nov 01, 2016 at 07:50 | Source: Reuters
The rise in output could add to scepticism about OPEC's ability to finalise a plan agreed in September to limit supplies. Oil , which rallied to a 2016 high near USD 54 a barrel following the decision, has since slipped towards USD 48.
Sep 29, 2016 at 08:50 | Source: CNBC-TV18
Till the final decision on November 30 meeting, one could expect to find a floor for crude oil prices, said Mriganka Jaipuriyar, Associate Editorial Director, Platts.
Sep 21, 2016 at 09:44 | Source: PTI
The first crude shipment from Libya in two years had no immediate impact on prices a week before OPEC producers and Russia meet in Algeria to discuss ways to stabilise prices.
Sep 20, 2016 at 10:32 | Source: PTI
The commodity plunged last week on supply glut worries but bounced slightly yesterday after OPEC member Venezuela said a deal to limit output was close. Unrest in key producers Libya and Nigeria also raised the prospect their exports would be hit.
Sep 19, 2016 at 15:42 | Source: Moneycontrol.com
According to Achiievers Equities,Crude oil prices ended with losses as rising exports in Iran, Libya and Nigeria sparked fresh supply glut concerns.
Sep 19, 2016 at 11:02 | Source: PTI
Key crude states are due to meet in Algeria next week to discuss the global supply crisis and overproduction that has hammered prices for two years.
Sep 19, 2016 at 08:12 | Source: Reuters
Brent crude futures LCOc1 were trading at USD 46.39 per barrel at 0046 GMT (08:46 p.m. EDT), up 62 cents, or 1.4 percent, from their last settlement. US West Texas Intermediate futures CLc1 were up 63 cents, or 1.5 percent, at USD 43.66 a barrel.
Sep 16, 2016 at 11:20 | Source: PTI
Both contracts rose yesterday on news that 6,000 barrels of gasoline had leaked from the Colonial pipeline that carries fuel from the Gulf Coast to the eastern United States.
Sep 16, 2016 at 08:12 | Source: Reuters
Brent crude futures were trading at USD 46.32 per barrel at 0107 GMT, down 27 cents, or 0.6 percent, from their last settlement. US West Texas Intermediate futures were down 24 cents, or 0.6 percent, at USD 43.67 a barrel.
Messages on Libya »

amar021

New Member

7 Followers

SpiceJet  

If OPEC is to succeed in bringing production down to its stated target of 32.5 mb/d by January, it will now need to cut 1.7 mb/d, not just the 1.2 mb/d that it announced last week. But a few of those countries (Libya, Nigeria, Indonesia) are exempted from the limits agreed upon in the latest deal.

1.44 PM Dec 7th

dipu_1990

Platinum Member

616 Followers

SpiceJet  

promptly rise back to much more comfortable levels! A few bom-bs expng in Libya / Yemen / Syria would have a similar effect on oil prices. Even now prices are being talked up, but one needs to notice the difference between then and now. Then, prices would spike up, and stay up. Now, prices spike up

10.23 AM Nov 3rd

wlcomeback7
1

New Member

0 Follower

CRUDEOIL  

OPEC`s oil output likely hit a record high in October, rising to 33.82 million barrels per day as Nigeria and Libya partially resumed output after disruptions and Iraq raised overseas sales, according to a Reuters survey. CHART: U.S. oil may fall further into $45.56-$46.13 zone

1.16 PM Nov 1st

wlcomeback6
7

New Member

0 Follower

CRUDEOIL  

OPEC`s oil output likely hit a record high in October, rising to 33.82 million barrels per day as Nigeria and Libya partially resumed output after disruptions and Iraq raised overseas sales, according to a Reuters survey.

12.01 PM Nov 1st

nagufire

Silver Member

119 Followers

SpiceJet  

Gold prices fell to two week lows ahead of the Non-farm payrolls data this week and after upbeat U.S. manufacturing data stoked expectations that the Fed would hike interest rates by year-end. Activity in Base metals is dull due to the Chinese holiday this week. Oil prices fell as Iran and Libya

4.33 PM Oct 4th

vinci270174

Gold Member

148 Followers

SpiceJet  

a year ago to 19.712 million bpd, EIA data showed. In a day or two, OPEC output for Sep will be out...Watch out for all time high output from OPEC now that Libya is also exporting, Nigeria is stable...This high output will cast doubt on the implementation of OPEC deal...

11.50 PM Oct 1st

smartraider

Platinum Member

211 Followers

Va Tech Wabag  

What you say is true about orders. But orders from egypt , libya wont really see progress because of the turmoil there. NepAL also, earthquake will delay.

7.20 PM Oct 1st

bnsahu

Platinum Member

775 Followers

Just Dial  

,,How Goldman Sachs Lost $1.2 Billion of Libya’s Money..it is for you sir....?

11.35 AM Oct 1st

vinci270174

Gold Member

148 Followers

SpiceJet  

Basic Math Aataa hain kya? Iran, Nigeria and Libya are allowed to produce maximum as per Saudi....Together they can add more than 1 million barrels....So who is going to cut? Also Russia is already saying that they will freeze at their current production - which is more than 11 million barrels

10.36 AM Sep 30th

rnagaraju_9

Platinum Member

486 Followers

CRUDEOIL  

as the economic problems of its de-facto leader Saudi Arabia force Riyadh to cede more ground to arch-rival Iran. Saudi Energy Minister Khalid al-Falih said on Tuesday Iran, Nigeria and Libya would be allowed to produce "at maximum levels that make sense" as part of any output limits which could be set as early

9.06 PM Sep 28th

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Dec 07, 2016 at 05:15 | Source: FirstPost
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