Oil prices will consolidate at around $40 a barrel this year, with a recovery gaining steam in the fourth quarter and into 2021 on OPEC-led production cuts and as economies limp back from coronavirus lockdowns, a Reuters poll showed Tuesday. The survey of 45 analysts forecast benchmark...

 Turkish power-ship operator Karadeniz Holding is preparing a bid to supply up to 1,000 megawatts of electricity to conflict-hit Libya and will submit it soon, the company said Monday. Libya, where Turkey supports the internationally recognised government based in Tripoli, has been hit...

Libya's National Oil Corporation (NOC) is hopeful that oil production will resume after international talks to end a blockade by forces based in the east of the North African country, a spokesman said Monday. The internationally recognized Government of National Accord (GNA) based in...

French President Emmanuel Macron promised 15 billion euros of new funding on Monday to speed up the move to a greener economy, a day after the Greens trounced his party and took control of major cities in local elections. Macron said he would move faster on environment-friendly policymaking...