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Libya strongman’s forces say oil terminals recaptured

Troops commanded by Libyan military strongman Khalifa Haftar announced the recapture Tuesday of two key oil installations, as fighting raged in Tripoli where a rival government has struggled to assert its authority. Libya has experienced years of violence and lawlessness since the 2011...

Saudi says 'committed' to oil market stability

Saudi Arabia is committed to stabilizing the global oil market, the energy ministry of the world's biggest oil exporter said on Tuesday, as prices fell below $48 a barrel. OPEC and non-OPEC countries last year pledged to reduce output by around 1.8 million barrels per day (bpd) as part of a...