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The Latest Breaking News from Libya

Crude Sharply Lower on Global Demand Concerns and Possible Resumption of Libyan Supplies

Oct WTI crude oil (CLV24 ) Tuesday closed down -3.21 (-4.36%), and Oct RBOB gasoline (RBV24 ) closed down -11.55 (-5.52%). Crude oil and gasoline prices plunged Tuesday, with crude falling to an 8-month low and gasoline falling to a 2-3/4 year nearest-futures low. Tuesday's rally in the dollar index...

Barchart

Crude Plunges on Tepid Global Fuel Demand and Possible Resumption of Libyan Supplies

Oct WTI crude oil (CLV24 ) today is down -2.88 (-3.92%), and Oct RBOB gasoline (RBV24 ) is down -9.40 (-4.49%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 7-1/2 month low and gasoline falling to an 8-1/2 month low. Today's rally in the...

Barchart

Tragic Boat Capsizing Highlights Ongoing Migrant Crisis In Libya

Tragic incident off Libyan coast highlights migrant crisis and exploitation by traffickers in the region.

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Notorious people smuggler dies after car riddled with bullets outside naval academy in Libya

The chauffeur-driven vehicle carrying Abd al-Rahman al-Milad, 34, was hit by a barrage of heavy gunfire, intelligence source said

Evening Standard

Notorious people smuggler shot dead in Libya, officials say

Abd al-Rahman Milad was member of Libyan coastguard also considered to be the leader of a criminal organisation

The Guardian - UK

Libya’s central bank chief flees country over militia threats: Report

Tripoli-based Presidential Council appoints new board of directors, with banking operations suspended amid upheaval.

Al Jazeera

Crude Rallies on Global Energy Demand Optimism and Supply Disruptions in Libya

Oct WTI crude oil (CLV24 ) today is up +1.83 (+2.46%), and Oct RBOB gasoline (RBV24 ) is up +3.69 (+1.78%). Crude oil and gasoline prices are sharply higher today on signs of strength in the US economy that supports energy demand. Crude is also rallying as supply disruptions in...

Barchart

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US and UN call for talks in Libyan dispute over control of central bank

UN-backed institutions in west of Libya show no sign of backing down over dismissal of bank’s governor of 20 years

The Guardian - UK

Libya’s eastern government says oilfields closed over central bank spat

Rival governments have been fighting for days over the central bank’s leadership, threatening a UN-brokered peace deal.

Al Jazeera

Crude Rallies on Middle East Tensions and Libya's Call to Halt Crude Exports

Oct WTI crude oil (CLV24 ) today is closed up +2.28 (+3.05%), and Oct RBOB gasoline (RBV24 ) is up +3.48 (+1.65%). Crude oil and gasoline prices today rallied sharply to 1-week highs. Oil prices are higher on concern that an escalation of conflict in the Middle East disrupt oil...

Barchart

UN Official Warns Of Deteriorating Situation In Libya

UN official warns of escalating crisis in Libya due to political fragmentation and unilateral actions, urging renewed political talks for stability.

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Libya's instability has 'quite rapidly' deteriorated and will worsen if no elections, says UN envoy

The top U.N. official in Libya is warning that the political, military and security situation in the oil-rich north African country has deteriorated “quite rapidly” and without renewed political talks leading to a unified government and elections there will be greater instability

The Independent UK

Libya’s powerful central bank governor is fired as country's deep divisions persist

One of Libya’s dueling authorities unilaterally fired the powerful central bank governor in an abrupt move that is likely to inflame tensions in the divided North African country

The Independent UK

South Africa drops immigration charges against 95 Libyans arrested at a military-style camp

South African prosecutors have withdrawn immigration-related charges against 95 Libyan nationals who were arrested last month at what police called an illegal military training camp in the northern Mpumalanga province

The Independent UK

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The Independent UK

Militia infighting kills at least 9 in Libya’s capital, officials say

Libyan officials say clashes between two heavily armed militia groups in the country’s capital terrorized residents and killed about a dozen people, the latest bout of violence in the largely lawless North African nation

Barchart

Crude Prices Recover as Asset Markets Rebound from Monday's Rout

Sep WTI crude oil (CLU24 ) Tuesday closed up +0.26 (+0.36%), and Sep RBOB gasoline (RBU24 ) closed down -0.74 (-0.32%). Crude oil and gasoline prices Tuesday settled mixed. Tuesday's rebound in US equity markets sparked risk-on sentiment that boosted most asset markets. Also, reduced oil supplies from Libya are...

Barchart

Crude Prices Rebound with a Recovery in Asset Markets

Sep WTI crude oil (CLU24 ) today is up +0.23 (+0.32%), and Sep RBOB gasoline (RBU24 ) is up +0.60 (+0.26%). Crude oil and gasoline prices today are mildly higher. Today's rebound in US equity markets sparked risk-on sentiment that boosted most asset markets. Also, reduced oil supplies from Libya...

The Guardian - UK

Oilfield slowdown exposes political volatility in Libya and beyond

Apparent shutdown attempt shows potential for some leaders to use such threats to enforce personal agenda

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The Guardian - UK

Putting tofu firmly in readers’ mouths

Letters: Favoured Feast ingredients | Landline uses | Praise for pylons | Underground power | Kindness in Libya

France 24

Libyan court hands jail terms to officials linked to deadly Derna dams collapse

A Libyan court on Sunday handed jail sentences to more than 10 current and former officials for their links to the deadly collapse of two dams outside the coastal city of Derna in September. The resulting flood killed thousands of people, according to the World Health Organization.

International Business Times

Endangered Gazelles Find Libyan 'Safe Haven'

Cocooned in white bags and nestled in the arms of volunteers, eight young rhim gazelles -- an endangered species native to North Africa -- have been transferred to an uninhabited Libyan island.

International Business Times

S.Africa To Expel 95 Libyans Detained At Military-style Camp

South Africa said Saturday it would deport as soon as possible 95 Libyans arrested at a camp being investigated for running military-style training in violation of regulations.

International Business Times

S.African Police Say 95 Libyans Detained At Suspected Military Camp

South African authorities rounded up 95 Libyans in a raid Friday at a farm that appeared to have been converted into an illegal military training base, police said.

Al Jazeera

South Africa police say 95 Libyans detained at suspected military camp

Police says Libyans entered country on study visas to train as security guards, but may have received military training.

Al Jazeera

Libya, Tunisia urge Europe to increase aid to help tackle migration crisis

North African countries seek assistance at Tripoli conference to help stem flow of refugees and migrants.

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