Libya Resumes Oil Production, Ending Crippling Crisis
Libya resumed oil production on Thursday, returning hundreds of thousands of barrels a day to global markets after a political standoff in the OPEC member eased.Most Read from BloombergThe Corner Store ComebackA Housing Crisis Brews in Rwanda’s Capital CityGang Violence Is Moving to the Amazon’s Fast-Growing CitiesA 7,
Libya’s Oil Production Tops 1 Million Bpd as Political Stalemate Ends
Libya, which pumped about 1.2 million bpd of oil before the latest political stalemate, was plunged into a deeper political crisis over the row about the leadership of the Central Bank of Libya, the only internationally recognized depository of Libya’s oil revenues.
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As politics calms, oil output in Libya exceeds one million barrels per dayThe North African nation has struggled with political instability since the ousting of Muammar Gaddafi in 2011.
Libya's National Oil Corp. (NOC) said on Tuesday that daily production reached 1,133,133 bpd of crude oil and condensate in the last 24 hours ...
Libya was preparing to restart oil production that has been shut since late of August after an agreement on a new head of the ...
The seaborne flow of oil fell for a fourth straight month in September on the back of hefty declines from Libya, where a ...
The Austrian energy company said growing security concerns in Libya hampered third-quarter earnings, along with weaker oil ...
Oil prices were little changed on Wednesday as investors reassessed the ability of China's stimulus plans to boost its ...
Libya’s National Oil Corporation refuted claims of foreign troops guarding oil fields, emphasizing reliance on national ...
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