Tripoli, Libya—The Libyan National Oil Corp. said Sunday production had resumed at Al-Sharara oil field, the country’s largest, which had been shut months ago...
Top oil-producing countries agreed on “historic” output cuts to prop up prices hammered by the coronavirus crisis and a Russia-Saudi price war, sending crude...
London, United Kingdom"•Libya’s almost total retreat from the world oil market as unrest blocks its vital terminals, is helping OPEC meet production cuts, analysts...
By Angus Whitley
Some of Asia’s marquee airlines that spoil passengers with free alcohol and in-flight entertainment may soon have to kick the habit.
The on-board...
Oil-producing countries may have preserved their relevance as an economic cartel after deciding to reduce their annual output to avoid another price collapse.
The agreement,...