Oil Prices Fall As Libya Reopens Ports

Libyan strongman General Khalifa Haftar has pledged to reopen the country’s oil ports this weekend, the U.S. embassy in the North African country said in a statement on Saturday. “The Ambassador underscored U.S. confidence in the NOC and support for a financial model that would constitute a credible guarantee that oil and gas revenues would be managed transparently and preserved for the benefit of the Libyan people,” the statement read. “The LNA subsequently conveyed to the U.S. government the personal commitment of…