Libya’s economy set to stabilise – World Bank
Libya’s economy is set to stabilise following an agreement that resolved the leadership crisis at the Central Bank…
Browsing Tag
oil production
IMF sees Libya’s GDP rebound in ’25
The IMF projects Libya's GDP to rebound in 2025, driven by a recovery in oil production, following a downward…
OPEC+ extends oil production cuts to 2026
A group of OPEC+ nations, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan,…
S. Arabia’s IPI rises in August
Saudi Arabia's Industrial Production Index (IPI) increased by 1.0 per cent in August 2024 compared to the same…
Oil prices climb on Tuesday amid Hurricane concerns
Oil prices continued their upward trajectory on Tuesday due to concerns about US production disruptions caused by…
Oil prices rise on US rate cut expectations
Oil prices rose in Asian trade on Monday, driven by expectations of a US interest rate cut this week.
Oil up on Monday
Oil prices rose from their lowest level since 2021 after oversold conditions and weather concerns pushed them…
World Bank: Chad’s economy resilient amid refugee influx
The Sudanese crisis, which began in April 2023, has significantly increased the refugee population in Chad, now…
IEA: Oil markets to stay well-supplied until ’30
Oil markets will supplied until 2030, though maintaining a strong focus on energy security remains crucial amid…
Nigeria to maintain fixed petrol prices in ’24 budget
Nigeria plans to spend 5.4 trillion naira ($3.7 billion) in 2024, a 50 per cent increase from 2023, to maintain…