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EXPLAINED: 16 | Vintage Vibes

Crude Rallies to a 1-Week High on Dollar Weakness and Tighter Global Oil Supplies

Oct WTI crude oil (CLV24 ) Monday closed up +1.44 (+2.10%), and Oct RBOB gasoline (RBV24 ) closed up +3.80 (+1.97%). Crude oil and gasoline prices Monday rallied sharply to 1-week highs. Monday's slide in the dollar index to a 1-week low was bullish for most commodity prices. Also, the...

Barchart

How has Italy sought to cut irregular migration and could UK copy the policy?

Tunisia and Libya deals appear to have reduced small-boat crossings under Giorgia Meloni’s hard-right government

The Guardian - UK

Crude Posts a 1-Week High on Dollar Weakness and Disruption to Libyan Crude Exports

Oct WTI crude oil (CLV24 ) today is up +1.19 (+1.73%), and Oct RBOB gasoline (RBV24 ) is up +4.02 (+2.085%). Crude oil and gasoline prices today climbed to 1-week highs and are moderately higher. Today's slide in the dollar index (DXY00 ) to a 1-week low is bullish for...

Barchart

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How has Italy reduced small boat arrivals by more than 60% in a year – and what is the Albania scheme?

Sir Keir Starmer says he is looking to Italy for answers on how to reduce Channel crossings

The Independent UK

‘I will die trying’: Gambian migrant deportees dream of return to Europe

People who took the ‘backway’ to EU countries and were sent home find few opportunities.

Al Jazeera

My Friends by Hisham Matar audiobook review – life in exile

Three Libyan friends navigate life in London, separated from their families, in a meditative book steeped in the author’s own experience

The Guardian - UK

Libya: One year after deadly floods, reconstruction in full swing in Derna

Exactly one year ago, on September 11, 2023, the eastern Libyan coastal town of Derna was hit by deadly floods. Cyclone Daniel left around 5,000 people dead, as many missing and 45,000 displaced. Today, the city is undergoing a full reconstruction. Belgacem Haftar, the son of powerful Libyan military and…

France 24

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‘I feared for my life’: record-setting US traveler says he was held as possible spy

Indy Nelson set a record for most airlines flown and said he was detained by Iran, Russia, Libya and Papua New Guinea

The Guardian - US

A Libyan city scarred by disaster tries to rebuild a year after deadly flooding

It's been a year since two dams burst upstream from the eastern Libyan city of Derna, unleashing a wall of water that swept away thousands of people

The Independent UK

Egypt and Turkey’s nascent alliance tested by new crisis in Libya

Fallout from Libyan central bank governor’s dismissal presents immediate challenge for Sisi and Erdoğan

The Guardian - UK

‘For me, there was no other choice’: inside the global illegal organ trade

The long read: I spoke to dozens of people – from ‘donors’ to brokers – to find out how this exploitative trade thrives on chaos and desperation

The Guardian - UK

Brave words, Yvette Cooper – but refugees like me know Britain can’t stop people traffickers

The small-boats ‘summit’ is doomed – there will be smugglers as long as there are people as desperate as I was

The Guardian - UK

‘Better together’: Presidents of Egypt, Turkey seek common ground in Ankara

The past few years have seen a warming of relations between the two countries, cemented by high-level visits.

Al Jazeera

Crude Sharply Lower on Global Demand Concerns and Possible Resumption of Libyan Supplies

Oct WTI crude oil (CLV24 ) Tuesday closed down -3.21 (-4.36%), and Oct RBOB gasoline (RBV24 ) closed down -11.55 (-5.52%). Crude oil and gasoline prices plunged Tuesday, with crude falling to an 8-month low and gasoline falling to a 2-3/4 year nearest-futures low. Tuesday's rally in the dollar index...

Barchart

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Barchart

Crude Plunges on Tepid Global Fuel Demand and Possible Resumption of Libyan Supplies

Oct WTI crude oil (CLV24 ) today is down -2.88 (-3.92%), and Oct RBOB gasoline (RBV24 ) is down -9.40 (-4.49%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 7-1/2 month low and gasoline falling to an 8-1/2 month low. Today's rally in the...

Top News

Tragic Boat Capsizing Highlights Ongoing Migrant Crisis In Libya

Tragic incident off Libyan coast highlights migrant crisis and exploitation by traffickers in the region.

Evening Standard

Notorious people smuggler dies after car riddled with bullets outside naval academy in Libya

The chauffeur-driven vehicle carrying Abd al-Rahman al-Milad, 34, was hit by a barrage of heavy gunfire, intelligence source said

The Guardian - UK

Notorious people smuggler shot dead in Libya, officials say

Abd al-Rahman Milad was member of Libyan coastguard also considered to be the leader of a criminal organisation

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Al Jazeera

Libya’s central bank chief flees country over militia threats: Report

Tripoli-based Presidential Council appoints new board of directors, with banking operations suspended amid upheaval.

Barchart

Crude Rallies on Global Energy Demand Optimism and Supply Disruptions in Libya

Oct WTI crude oil (CLV24 ) today is up +1.83 (+2.46%), and Oct RBOB gasoline (RBV24 ) is up +3.69 (+1.78%). Crude oil and gasoline prices are sharply higher today on signs of strength in the US economy that supports energy demand. Crude is also rallying as supply disruptions in...

The Guardian - UK

US and UN call for talks in Libyan dispute over control of central bank

UN-backed institutions in west of Libya show no sign of backing down over dismissal of bank’s governor of 20 years

Al Jazeera

Libya’s eastern government says oilfields closed over central bank spat

Rival governments have been fighting for days over the central bank’s leadership, threatening a UN-brokered peace deal.

Barchart

Crude Rallies on Middle East Tensions and Libya's Call to Halt Crude Exports

Oct WTI crude oil (CLV24 ) today is closed up +2.28 (+3.05%), and Oct RBOB gasoline (RBV24 ) is up +3.48 (+1.65%). Crude oil and gasoline prices today rallied sharply to 1-week highs. Oil prices are higher on concern that an escalation of conflict in the Middle East disrupt oil...

Top News

UN Official Warns Of Deteriorating Situation In Libya

UN official warns of escalating crisis in Libya due to political fragmentation and unilateral actions, urging renewed political talks for stability.

The Independent UK

Libya's instability has 'quite rapidly' deteriorated and will worsen if no elections, says UN envoy

The top U.N. official in Libya is warning that the political, military and security situation in the oil-rich north African country has deteriorated “quite rapidly” and without renewed political talks leading to a unified government and elections there will be greater instability

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