Bloomberg A Libyan armed force controlling some of the country’s southern oilfields has stopped pumping at two of them because the government has not paid the funds needed to maintain security operations, a brigade commander said. The closures underscore the new Libyan government’s complex task in reviving oil production, which has been battered by strikes, protests and militant attacks ...

  Reuters Egypt’s state grains buyer GASC received only one offer on Wednesday at its first wheat purchase since reinstating a zero-tolerance policy on ergot fungus, a near complete boycott that underscores the difficulty of sourcing grains under the rule. A ban on the common grain fungus caused huge disruption to Egypt’s massive wheat imports earlier this year, with global ...

  Bloomberg Oil is poised for the biggest monthly advance since April as the global surplus diminishes and OPEC’s planned talks fan speculation it could reach an accord on output. Futures slid 1 percent in New York, trimming the monthly gain to 10 percent. Iraq’s Prime Minister Haidar Al-Abadi said Tuesday the country would support a proposal among major producers ...