Bloomberg Libya’s National Oil Corp (NOC) declared force majeure on another two oil ports, removing thousands more barrels from the market just as global supply concerns put pressure on OPEC to ramp up production. Oil loadings at the Zueitina and Hariga export terminals in eastern Libya have stopped, the Tripoli-based NOC said on Monday. The halt comes just a week ...

Bloomberg The average American household will have $440 less to spend this year due to rising pump prices, putting at risk one-third of the windfall they got from tax cuts. Strong oil prices drove the cost of US gasoline to the highest level in more than three years last month, according to AAA, and pump prices are now 27 percent ...

Bloomberg Evidence of new efforts by Kim Jong-un to expand his nuclear arsenal underscore the challenge facing US President Donald Trump three weeks after declaring that North Korea was “ no longer a nuclear threat.” Several reports released in recent days suggest that Kim continued to ramp up his weapons production — rather than prepare to disarm — in the ...