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Libya's Acting Oil and Gas Minister Khalifa Abdulsadek and OPEC Secretary General Haitham Al Ghais shake hands during the Libya Energy & Economy Summit, in Tripoli, Libya January 18, 2025. Photo: REUTERS/Ahmed Elumami

Libya needs $3-4 billion to boost oil production, bidding round expected soon: oil minister

Abdulsadek said the Libyan economy heavily relies on oil, accounting for more than 95% of its economic output

A model of an oil pump and oil barrels jack is seen in front of Russian and Indian flags in this illustration taken, December 9, 2022. Photo: REUTERS/Dado Ruvic/Illustration

Indian state refiners may buy Mideast spot oil to replace Russian shortfall

OPEC+ extends oil supply cuts through March

OPEC+ extends oil supply cuts through March

OPEC cuts 2024, 2025 global oil demand growth view again

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. Photo: REUTERS/Drone Base/File Photo

Oil falls 3% as concerns ease on potential Iran supply disruption

Oil prices jump more than $1 as Middle East tensions escalate

Oil prices rise on Middle East conflict fears as Israel steps up attacks

Representational image. Photo: Bloomberg

Oil steady as investors eye US inflation, OPEC report

Dhaka Ahsania Mission wins OPEC Fund Annual Award

Opec cuts are tightening the oil market

Angola says it is leaving OPEC

Waning influence of OPEC+ in spotlight as prices flag

The Aramco Oil Refinery in Dahran, Saudi Arabia. Photo: Bloomberg

Oil investors to usher in 2024 amid oversupply, demand concerns