LIBYA

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Glencore sees opportunities in volatility as H1 rises

Commodities trader Glencore International Plc posted a 50 percent rise in headline first-half profit and said it saw opportunities emerging from turbulence in its key markets as commodity demand remains strong.

Brent Crude Holds at $110

Oil's Price
Brent crude steadied around $110 a barrel Thursday, boosted by reduced U.S. crude stocks and positive manufacturing data but countered by economic growth uncertainties.
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Moody's Downgrade of Japan Lifts Gold

Gold bounced back on Wednesday after suffering its worst setback in 18 months, as risk appetite retreated on Japan's debt rating downgrade, while oil and metals were supported by hopes the U.S. would inject fresh stimulus to boost the economy.
Brent crude rises above $118 on spread buying

Brent Crude Holds Above $109

Brent crude prices steadied above $109 Wednesday as investors pinned their hopes on the U.S. Federal Reserve to inject fresh stimulus to boost the world's largest economy.
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Gadhafi Claims He is Still in Tripoli

Moammar Gadhafi said in audio remarks broadcast Wednesday morning that he is at large in Tripoli and residents must cleanse the Libyan capital from rebels.
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China Urges 'Stable Transition,' Talks to Libya Rebels

China urged a stable transition of power in Libya Wednesday and said it is in contact with the National Transitional Council, in the clearest sign yet that Beijing has effectively shifted recognition to rebel forces.
A motorist pumps fuel into his vehicle at JJ's Express Gas Plus station in Phoenix gas station in Phoenix

Oil Price Outlook sours, Citi Sees 20 pct Fall

Several major banks cut sharply their oil price forecasts on Tuesday, with Citigroup saying that even if the United States printed more money, oil would stay depressed by weak economic growth and fresh supplies from Libya.
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China urges Libya to protect investments

China on Tuesday urged Libya to protect its investments and said their oil trade benefited both countries, after a Libyan rebel warned that Chinese oil companies could lose out after the ousting of Muammar Gaddafi.
Libyan rebel fighters celebrate after seizing control of the Gaddafi army women's officer training center in Tripoli's Qarqarsh district

It's Over Cry Rebels as Gaddafi HQ Overrun

Joyful Libyan rebels overran Muammar Gaddafi's Tripoli bastion on Tuesday, seizing weapons and loot and destroying symbols of a 42-year dictatorship they declared was now over as they set about hunting down the fallen ruler and his sons.
Libya: Fall of Tripoli

'It's Over,' Cry Rebels as Gadhafi HQ Overrun

Joyful Libyan rebels overran Moammar Gadhafi's Tripoli bastion on Tuesday, seizing weapons and loot and destroying symbols of a 42-year dictatorship they declared was now over as they set about hunting down the fallen ruler and his sons.
Smoke rises above downtown Tripoli following fighting at Bab Al-Aziziya compound

Gaddafi to Fight to End as Rebels Seize HQ

Triumphant rebels seized Muammar Gaddafi's compound in Tripoli on Tuesday after a fierce battle with a loyalist rearguard but there was no word on the fate of the Libyan leader who vowed again to fight to the end.

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