Muammar Gaddafi

Just days removed from the death of former dictator Muammar Gaddafi, OPEC member Libya believes it can pump 350,000 barrels of oil per day in November, double what the North African country pumped in October. Even a double to 350,000 barrels per day from 175,000 puts Libya well behind the roughly...

While we are still waiting for official confirmation from the White House, global news sources are reporting that former Libyan leader Colonel Gaddafi is dead following his capture near his hometown of Sirte. The details are still muddy, but it appears that he was involved in a shootout and was...

Fresh off the victory over Colonel Muammar Gaddafi's Tripoli compound, rebel forces in Libya continued to battle against Libyan loyalists Thursday. Pockets of violence popped up throughout the capitol city today, as the hunt for Gaddafi waged on. Rebels, represented by the National Transitional...

The embattled leader of Libya faced increasing pressure from rebel activists to withdraw Wednesday, but Muammar Gaddafi vowed that the fight for his reign over the North African country would continue. Rebels raided Gaddafi's Tripoli compound today, taking valuable items and destroying any symbols...

According to recent reports, the rebels in Libya have invaded Colonel Muammar Gaddafi's compound in the capital city, Tripoli. This may raise hope that the dictatorship in the country is coming to an end. Perhaps the armed conflict that started in February will be over soon. The stabilized...

Oil prices were falling on Monday as news broke that Rebel fighters were pouring into the Libyan capital of Tripoli in what seemed to be a final push to oust long time Libyan dictator Colonel Muammar Gaddafi. The market seems to be anticipating that Muammar Gaddafi's rule will soon come to an end...

There is a lot of money in making war and even more to be made when the shooting stops. An investor who, like the majority of the world's politicians, has a moral compass that always points to opportunity and knows that blood on the hands easily washes off, can find plenty of interesting plays in...

President Obama welcomed German Chancellor Angela Merkel to the White House on Tuesday, for the first official visit of a European leader to the White House during the Obama administration. The pair is expected to discuss a wide range of topics including the military actions in Libya and the...

Oil prices surged higher during Monday trading in Asia, as the market reacted negatively to news that the strikes against forces loyal to Libyan leader Muammar Gaddafi had intensified. Gaddafi's government announced a cease fire last week shortly after the United Nations Security Council approved...

Oil prices were moving higher on Friday after the United Nations Security Council authorized a no-fly zone over Libya. In the week before the no-fly zone was announced, Libyan leader Muammar Gaddafi's forces seemed to be making progress. Better equipped than their opponents and backed by air...

According to Xinhua, which is China's state-run media company, Muammar Gaddafi wants Russia, China, and India to invest in the Libyan oil sector, despite the turmoil being seen in the country. Gaddafi spoke with ambassadors of the three countries yesterday. Oil operations account for 95% of...

The BBC is hearing news out of the Middle East that Muammar Gaddafi may be stepping down. Citing Arab press sources, the BBC is reporting that Gaddaffi has started negotiations with revels to step down and leave the country. Pan-Arab newspaper al-Sharq al-Awsat is reporting that Col Gaddafi has...

The value of gold has seen its best monthly gain since November 2009 as a result of the political unrest in Libya. Spot gold was valued at $1,415.40 this morning, making the gains for April delivery 6.1%, the largest rise in gold valuation since November 2009. Political unrest and inflation are...

As oil surges on the Middle East conflict, analysts are making a few grim predictions regarding the potential for price increases. But the grimmest development of all comes from Italy's Foreign Minister, who, according to Reuters, says that Muammar Gaddafi's attempts to abolish the revolt in Libya...