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Clashes at Libyan oil ports as counter-attack repelled

  Reuters Eastern Libyan forces said they had reestablished control over two oil ports where an ousted faction launched a counter-attack on Sunday, briefly seizing one of the terminals. The two ports, Es Sider and Ras Lanuf, were among four seized by forces loyal to eastern commander Khalifa Haftar’s Libyan National Army (LNA) on Sept. 11-12 from a Petroleum Facilities ...

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Israel PM defends US aid package in face of criticism

  Jerusalem / AFP Prime Minister Benjamin Netanyahu on Sunday defended a new $38 billion US defence aid package against criticism Israel could have negotiated a larger sum had he not angered the White House. Speaking at the start of a cabinet meeting, Netanyahu said the deal was the “largest assistance agreement that the United States has ever provided to ...

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Four scenarios for oil producers as they seek to boost prices

  Bloomberg A meeting in Algiers at the end of September between OPEC and Russia — which together pump more than half the world’s oil — has raised expectations that a deal could be struck to boost prices. Oil is still trading at half its 2014 level amid a persistent global oversupply. While a production decline in the U.S. has ...

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