Libya

September 6, 2024 11:43 AM

OPEC+ agrees to delay October oil output hike for two months

OPEC+ has agreed to delay a planned oil output increase for October and November, the producers' group said on Thursday after crude prices hit their lowest in nine months, adding that it could further pause or reverse the hikes if needed. Oil prices have been falling along with other asset classes on concerns about a weak global economy and soft data from China, the world's biggest oil importer. Eight members of OPEC+, which is made up of the Organization of the Petroleum Exporting Countries...

UN probing reported mass grave on Libya-Tunisia border

The U.N. human rights chief said on Tuesday that his office was following up on reports of a mass grave in the desert along the Libya-Tunisia border, after the bodies of at least 65 migrants were found at another site earlier this year. In a speech, Volker Turk denounced widespread violations against migrants and refugees in Libya, which straddes a dangerous transit route that runs through the Sahara Desert and across the southern Mediterranean. Abuses against migrants were being "perpetrated ...