Libya Latest News

Crude oil prices recovered some of their losses during a volatile trading session on Wednesday after crashing over 5 per cent previously.

The ebb and flow in investors' sentiment on global crude's demand-supply dynamics pushed futures down over 1 per cent on Tuesday; with the Russia-Ukraine war intensifying, supply concerns limited losses.

Crude oil prices fell on Tuesday by nearly $1 per barrel as the dollar strengthened to a two-year high, even as supply concerns remain after Libya shut its oil fields due to political protests.

Crude prices eased to around $112 per barrel on Monday after rising sharply in early trade, with oil contracts trading within a $3 range - between about $111 and $114 a barrel.

Congress leader Rahul Gandhi's comments comparing India's democracy with Iraq under dictator Saddam Hussein and Libya's Muammar Gaddafi is an insult to the 80 crore voters in the country, Union Minister Prakash Javadekar said today. The only time the country faced such a situation was during the Emergency (from 1975 to '77), said Mr Javadekar, with...

Attackers set off a bomb next to a wall of the US Consulate in the eastern Libyan city of Benghazi on Wednesday, the State Department said, causing no casualties. The blast underlined the unstable security situation in Libya, more than seven months after the death of deposed dictator Moammar Gaddafi.

A militia of Libyan ex-rebels seized the runway of Tripoli International airport on Monday, surrounding planes and grounding all flights after their leader's apparent arrest, officials said.

Crude oil prices recovered some of their losses during a volatile trading session on Wednesday after crashing over 5 per cent previously.

The ebb and flow in investors' sentiment on global crude's demand-supply dynamics pushed futures down over 1 per cent on Tuesday; with the Russia-Ukraine war intensifying, supply concerns limited losses.

Crude oil prices fell on Tuesday by nearly $1 per barrel as the dollar strengthened to a two-year high, even as supply concerns remain after Libya shut its oil fields due to political protests.

Crude prices eased to around $112 per barrel on Monday after rising sharply in early trade, with oil contracts trading within a $3 range - between about $111 and $114 a barrel.

Congress leader Rahul Gandhi's comments comparing India's democracy with Iraq under dictator Saddam Hussein and Libya's Muammar Gaddafi is an insult to the 80 crore voters in the country, Union Minister Prakash Javadekar said today. The only time the country faced such a situation was during the Emergency (from 1975 to '77), said Mr Javadekar, with...

Attackers set off a bomb next to a wall of the US Consulate in the eastern Libyan city of Benghazi on Wednesday, the State Department said, causing no casualties. The blast underlined the unstable security situation in Libya, more than seven months after the death of deposed dictator Moammar Gaddafi.

A militia of Libyan ex-rebels seized the runway of Tripoli International airport on Monday, surrounding planes and grounding all flights after their leader's apparent arrest, officials said.