22 August 2011 08:05 [Source: ICIS news]
(updates oil prices, adds details throughout)
On Sunday rebels took control of the Libyan capital,
At 07:00 GMT on Monday, October Brent crude on
Meanwhile, September NYMEX light sweet crude futures (WTI) were at $81.34/bbl, down by $0.92/bbl from the previous close. The
Ending the conflict could see
Since the civil unrest began, oil production has declined to 200,000-300,000 bbl/day, according to the Commonwealth Bank of
Crowds gathered in
One of Gaddafi's sons has been captured by rebels, media reports said.
US President Barack Obama said in a statement late on Sunday that the Gaddafi regime “is showing signs of collapsing”.
"The future of
"The Gaddafi regime is clearly crumbling," said a statement published on the NATO website on Monday.
"The sooner Gaddafi realises that he cannot win the battle against his own people, the better," NATO said.
($1 = €0.70)
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