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Search resuls for: "Zueitina"


3 mentions found


Brent crude settled down 1 cent to $90.64 a barrel while U.S. West Texas Intermediate crude settled down 22 cents to $87.29. "Much of this reduced supply has simply served to offset a major slowdown in global oil demand," said Jim Ritterbusch, president of Ritterbusch and Associates in Galena, Illinois. Meanwhile, Europe is expecting a light refinery maintenance season this autumn as refiners look to profit from high margins, which could support crude demand. The IEA last month lowered its 2024 forecast for oil demand growth to 1 million bpd, citing lacklustre macroeconomic conditions. OPEC's August report, meanwhile, kept its 2.25 million bpd demand growth forecast unchanged.
Persons: Brent, Wally Adeyemo, Jim Ritterbusch, Ras Lanuf, Wood Mackenzie, Naeem Aslam, OPEC's, Robert Harvey, Natalie Grover, Florence Tan, Emily Chow, Emelia Sithole, Andrea Ricci, Chizu Organizations: cnsphoto, REUTERS, West Texas, Monday U.S, Ritterbusch, Associates, U.S, Zaye, European Central Bank, International Energy Agency, Organization of, Petroleum, IEA, Thomson Locations: Zhoushan, Zhejiang province, China, Saudi, Saudi Arabia, Russia, United States, Galena , Illinois, U.S, Libya, Zueitina, Brega, Es Sidra, Europe
A powerful storm and heavy floods have killed 150 people in the eastern Libyan city of Derna over the last two days and the death toll is expected to rise to 250, the head of the Red Crescent in Benghazi said on Monday. Qatar's Emir Sheikh Tamim bin Hamad al-Thani instructed the government to send aid to the affected area in eastern Libya, Qatar's state news agency reported. His administration holds little sway in eastern Libya, but Dbeibah said on Sunday he had directed all state agencies to "immediately deal" with the damage and floods in eastern cities. Dbeibah's government is recognized by the Central Bank of Libya, which disburses funds to government departments across the country. The United Nations in Libya said it was following the storm closely and would "provide urgent relief assistance in support of response efforts at local and national levels."
Persons: Storm Daniel, Al Bayda, Marj, Fhakeri, Saleh, Ahmed Mohamed, Ahmad Mismari, Khalifa, Witnesses, Qatar's Emir Sheikh Tamim bin Hamad, Thani, Abdulhamid, Ras Lanuf, Dbeibah Organizations: Reuters, Libyan National Army, UNESCO, Authorities, Central Bank of Libya, United Nations Locations: Misrata, Libya, Libyan, Derna, Benghazi, Sousse, Al, Qatar's, Tripoli, Zueitina, Brega, Es Sidra
"People were asleep and woke up and found their homes surrounded by water," he told Reuters. Heavy floods washed away vehicles, footage broadcast by eastern Libya's Almostkbal TV showed. Qatar's Emir Sheikh Tamim bin Hamad al-Thani instructed the government to send aid to the affected area in eastern Libya, Qatar's state news agency reported. His administration holds little sway in eastern Libya, but Dbeibah said on Sunday he had directed all state agencies to “immediately deal” with the damage and floods in eastern cities. Dbeibah's government is recognised by the Central Bank of Libya, which disburses funds to government departments across the country.
Persons: Storm Daniel, Al Bayda, Marj, Fhakeri, Saleh, Ahmed Mohamed, Ahmad Mismari, Khalifa, Witnesses, Qatar's Emir Sheikh Tamim bin Hamad, Thani, Abdulhamid, Ras Lanuf, Dbeibah, Ayman Werfali, Ahmed Elumami, Moaz Abd, Tarek Amara, Tom Perry, Nick Macfie, Andrew Heavens, William Maclean Organizations: Reuters, Libyan National Army, UNESCO, Authorities, Central Bank of Libya, United Nations, Thomson Locations: BENGHAZI, Libyan, Derna, Benghazi, Sousse, Al, Qatar's, Libya, Tripoli, Zueitina, Brega, Es Sidra, , Tala, Dubai, Cairo, Tunis, Beirut
Total: 3