Libya’s National Oil Corporation says the shutdown of the Sharara-Zawiya crude pipeline has cut production by around 130k BPD and warns losses will rise if the shutdown persists

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Fed's Collins (2028 voter) reiterates she supported last week's rate hike; now see an increased likelihoood of future scenarios in which inflation remains notably above 2% Libya’s National Oil Corporation says the shutdown of the Sharara-Zawiya crude pipeline has cut production by around 130k BPD and warns losses will rise if the shutdown persists Rusal is said to be seeking buyers for its assets in Jamaica and Guyana, reports suggest Mercedes-Benz (MBG GY) strikes a partnership with Wayve to close an AI tech gap with rivals, the FT reports

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