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Libya OPEC Newsletter
  • OPEC oil output falls for second month in January 06 Feb 2025 04:53 GMT

    … rising output outside the group. OPEC+ on Monday decided to stick … analysts have forecast. Output in OPEC’s top two producers, Saudi … they are pumping significantly more. Libya’s output rose by 40 … The country is exempt from OPEC+ agreements to limit output. …

  • OPEC oil output declined in January – Report 06 Feb 2025 03:45 GMT

    … output came as the wider OPEC group is keeping production cuts … rising output outside the group. OPEC on Monday decided to stick … , as December data provided by OPEC’s secondary sources puts them … they are pumping significantly more. Libya’s output rose by 40 …

  • Energy ministers of Saudi Arabia, Iraq and Libya examine market stability 05 Feb 2025 04:06 GMT

    … Monday with his Iraqi and Libyan counterparts, Hayan Abdel-Ghani and … state news agency (SPA) reported. OPEC+, which groups the de facto … called on Saudi Arabia and OPEC to lower oil prices, saying … Friday that Saudi Arabia and OPEC were seeking long-term oil …

  • Oil prices firm in Q4 2024 on OPEC+ cuts 03 Feb 2025 19:35 GMT

    … spare production capacity due to OPEC+ supply cuts. Brent futures … period instead. According to OPEC secondary sources, Declaration of … . Leading the gains was Libya where output rose 52 kb … oil supplies both from OPEC+ and non-OPEC+ producers, oil market …

  • Opec & the world’s oil market: Past, present, and the future 02 Feb 2025 20:30 GMT

    … of Petroleum Exporting Countries (Opec) was founded in Baghdad … Guinea, Iran, Iraq, Kuwait, Libya, Nigeria, Saudia Arabia, UAE, … future of Opec. To address these challenges, Opec formed Opec+, a … , the intergovernmental organization Opec is in a strategic …

  • All Eyes on OPEC+ Ahead of February Meeting 31 Jan 2025 20:08 GMT

    … provide lasting upward momentum. OPEC+ Meeting Looms as … administration has been pressuring OPEC+—particularly Saudi Arabia—to … With supply disruptions in Libya easing and global stockpiles … geopolitical developments and the OPEC+ meeting next week providing …

  • Libya's state oil firm looks to boost output, transparency, new chairman says 31 Jan 2025 13:54 GMT

    … the central bank which controls Libya';s oil revenue. … any investor, whether the Libyan state or our foreign partners, … since 2020 in Dubai. Libyan media reported that it opened … the Petroleum Exporting Countries (OPEC), Libya is exempt from output curbs …

  • Saudi, OPEC+ ministers meet after Trump calls to lower oil price 29 Jan 2025 14:51 GMT

    … (C), along with several OPEC+ counterparts, held discussions following … and several of his OPEC+ counterparts have held … Saudi minister and his Libyan counterpart discussed "strengthening … Petroleum Exporting Countries (OPEC) and allies including Russia. …

  • Libya protests disrupt oil loading at two major ports 28 Jan 2025 15:12 GMT

    … living conditions. Ports in Libya’s hydrocarbon-rich Oil … Petroleum Exporting Countries (OPEC), of which Libya is a member, … previously disrupted oil operations in Libya, forcing the shutdown in … from early October. READ: Libya seeks Turkiye expertise to …

  • Libya Protests Halting Oil Shipments From Key Eastern Ports 28 Jan 2025 08:45 GMT

    … Oil loadings from two key Libyan ports are being brought to … about a third of the OPEC member’s crude exports, a … are the latest drama in Libya’s longstanding battle to maintain … tracking compiled by Bloomberg shows. Libya is home to Africa’s …

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