Let’s examine the crude oil market, analyze the recent news from the Libya and check if there is any news that might affect crude oil price: Libya Turmoil update According to recent reports the fights and bloodshed in Libya…
Tag: Libya Turmoil
Oil prices outlook – 7 March
The news from Libya continues to show that the turmoil there is far from over, and it also puts risk on the near future of Libya’s oil production. There was also additional news related to crude oil, vis-à-vis USA and…
Oil prices outlook – 28 February
The turmoil in Libya, which started off at February 15th, enters into its third week. Qaddafi remains adamant in not stepping down from his ruling, even though by now it seems to be over, especially after his violent attacks against…
UN Security Council sanctions Libya
As the Libya turmoil continues, the UN Security Council decided to pose economic and commercial sanctions against Libya and also called for the immediate investigation of the crimes being committed in Libya mainly by Qaddafi and his people. In the…