News

Oil & Energy · 2 Sep 2026 Libya shuts 490 petrol stations over fuel-smuggling as interior minister vows crackdown Interior Minister Emad Al-Trabelsi said tackling Libya's fuel crisis requires coordination across government, security agencies and oil companies, as… 1 min read Economy & Finance · 2 Sep 2026 Dollar continues to rise against Libyan dinar in parallel market The US dollar traded at 9.26 dinars in spot transactions across Tripoli, Benghazi, Zliten and Misrata on Wednesday, while bank transfers and cheques p… 1 min read Oil & Energy · 1 Sep 2026 Fresh petrol shipment due in Tripoli today as fuel queues persist despite Brega's Monday deadline A 32,973-tonne petrol cargo is expected to reach Tripoli port this evening as a second tanker continues unloading, but queues at petrol stations acros… 1 min read News · 1 Sep 2026 Italian shipping line to launch new Mediterranean route linking Libya, Spain and France Messina Line's new West Med Line service will connect Misrata and Tripoli with Spain, France, Italy and Algeria, positioning Misrata as a key link for… 1 min read Oil & Energy · 31 Aug 2026 Oil prices jump 2% after US strikes Iranian island in Strait of Hormuz Spot gold drops to $4,439.31 an ounce, and silver eases to $66.68 as Federal Reserve chairman Kevin Warsh's comments dampen demand for the metal ahead… 1 min read Economy & Finance · 31 Aug 2026 Gold falls to near two-week low as Fed's Warsh signals rate hikes to curb inflation Spot gold drops to $4,439.31 an ounce, and silver eases to $66.68 as Federal Reserve chairman Kevin Warsh's comments dampen demand for the metal ahead… 1 min read Oil & Energy · 30 Aug 2026 Brega Announces End to Fuel Station Queues Starting Tonight Brega Petroleum Marketing Company says pressure on fuel stations is expected to ease from tonight and be fully resolved by Monday, as the company link… 1 min read News · 30 Aug 2026 Central Bank Offers $110mn to Exchange Firms for Personal Transactions, Targets $2bn in Monthly Currency Sales The Central Bank of Libya has offered exchange companies $110 million for personal-purpose transactions as a first step, while directing banks to prep… 1 min read Economy & Finance · 29 Aug 2026 Wheat, Corn Hit Three-Year Highs as Food Inflation Risks Mount Wheat and corn prices have surged to their highest levels since July 2023, with soybeans nearing a two-and-a-half-year peak, intensifying pressure on… 1 min read Oil & Energy · 28 Aug 2026 Energy Crisis Paralyses Africa's Top Oil Producer Prolonged power cuts and fuel shortages have disrupted daily life across Libya as summer temperatures approach 50°C, despite the country holding Afric… 1 min read Oil & Energy · 27 Aug 2026 Eni Asks Mellitah to Raise Gas Supplies to Italy by 20% Ahead of Winter Italy's Eni has requested that Mellitah Oil and Gas increase natural gas supplies to Italy by around 20%, aiming to meet Italian market demand as wint… 1 min read Oil & Energy · 25 Aug 2026 NOC Signs Production-Sharing Agreement with Chevron for Area 106 Libya's National Oil Corporation has formalised a production-sharing contract with Chevron for onshore Area 106 in the Sirte Basin, converting the res… 1 min read