UN envoy to Libya says oil blockade should be lifted - tweet - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Image: ReutersLibya’s National Oil Corporation should lift the force majeure it imposed on El Feel and Sharara oilfields on Sunday after pipeline valves were shut down, United Nations Libya adviser Stephanie Williams said in a tweet on Monday.1/2 I am following with concern reports of closure of oil fields and suspension of some civilian flights. Freedom of movement around the country is a basic right and all civilian flights should be resumed.

Frantic oil buying, driven by supply outages and signs the Omicron coronavirus variant will not be as disruptive to fuel demand as previously feared, has pushed some crude grades to multi-year highs, suggesting the rally in Brent futures could be sustained for a while longer, traders said. But many smaller producers cannot increase supply and others have been wary of pumping too much oil in case of renewed COVID-19 setbacks.

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