Oil fell towards $56 a barrel on Tuesday, declining for a third session, as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libyan supply losses.
Lawmakers based in areas of eastern Libya controlled by military commander Khalifa Haftar said on Monday they would not participate for now in peace talks with politicians allied to the internationally recognized government.
Lawmakers based in eastern Libya controlled by Khalifa Haftar will suspend their participation in political peace talks with counterparts allied to the internationally recognized administration, a statement said Monday.
Libya's government took a firm position at peace talks in Switzerland on Monday, demanding that renegade military commander Khalifa Haftar withdraw from the ramparts of the capital and describing him as a "war criminal".
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