Oil drops 5% to multi-month low on demand fears

Oil slid 5 percent to below $40 a barrel on Tuesday, its lowest since June, over concerns that a demand recovery could weaken as coronavirus infections flare up around the world.Coronavirus cases rose in 22 of the 50 US states, a…

Trump Orders Withdrawal of U.S. Troops From Iraq

ABOARD AIR FORCE ONE: President Donald Trump will announce a further drawdown of US troops from Iraq on Wednesday, a senior administration official told reporters on Tuesday.That announcement will be followed by another one in the…

Coronavirus forces Libyan Oil Companies out of business

Two of Libya’s National Oil Company affiliates on Monday sent some oil workers home and halted some work due to the spread of Covid-19, according to a NOC statement.Libya’s Arabian Gulf Oil Company (AGOCO) has suspended all work for 30…

GUCC to host the Libya Turkey Business Platform on Oct 15

Libya's General Union of Chambers will host its annual meeting for the Libya Turkey Business Platform (LTBP) in Istanbul on 15-16 October 2020, in the Pullman Hotel and Convention Centre, Istanbul, Turkey.Libya Turkey Business…