• 3 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 5 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 9 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 12 minutes China's Blueprint For Global Power
  • 9 hours EU has already lost the Trump vs. EU Trade War
  • 33 mins Science: Only correct if it fits the popular narrative
  • 3 hours Pioneer's Sheffield in Doghouse. Oil upset his bragging about Shale hurt prices. Now on campaign to lower expectations, prop up price.
  • 6 hours ''Err ... but Trump ...?'' *sniff
  • 2 hours China's Renewables Boom Hits the Wall
  • 1 hour What are the odds of 4 U.S. politicians all having children working for Ukraine Gas Companies?
  • 6 mins Crazy Stories From Round The World
  • 17 hours Who writes this stuff? "Crude Prices Swing Between Gains, Losses"
  • 2 hours Forget out-of-date 'dirty oil' smear, Alberta moving to be world's cleanest oil industry
  • 2 hours Tesla Launches Faster Third Generation Supercharger
  • 9 hours Passerby doused with flammable liquid and set on fire by peaceful protesters
  • 1 day Haaretz article series _ Saudi Arabia: A Kingdom in Turmoil | Part 1 - Oil Empire

Breaking News:

Russia Plans To Boost Crude Oil Exports

Libya: Benghazi Burns as Clashes Intensify in Tripoli

Bottom Line: Benghazi is heading toward a conflict climax, while myriad clashes in Tripoli are of a less cohesive nature, they are still indicative of the government’s inability to handle the security situation.

Analysis: Protests in Benghazi have taken a critical turn, with the burning and ransacking of several parts of the city as calls for the resignation of Prime Minister Ali Zeidan intensify. At the same time, clashes are ongoing among various militia groups in Tripoli. The eastern districts of the city are of particular concern here, and we are closely monitoring clashes that have taken place between security forces, the Misratan militia and militia from the district of Souq al-Jumaa.  

Clashes of this nature in Tripoli are common, but have shown an increase in intensity in the past weeks. Of greater concern at this time is the situation in Benghazi, where protests are intensifying along with calls for the government’s resignation—an indication of popular disillusionment with a government that cannot handle the security chaos. While the government is attempting to reopen blocked export terminals and ports in Benghazi, eastern tribes are fighting them back—vying for a greater share of the region’s oil wealth—and gaining momentum. Security in Benghazi is becoming impossible, with a series of assassinations targeting security and military personnel. The security situation is bringing protesters to the streets in much…




Oilprice - The No. 1 Source for Oil & Energy News