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Thursday, June 22, 2017 23:51 GMT
Libya's oil production has risen by over 50,000 bpd to 885,000 bpd after the state oil firm settled a dispute with Germany's Wintershall that had slashed production by some 160,000 bpd, a Libyan oil source told reporters. Last week, the National Oil Corp said it expected OPEC member Libya's production to recover to 900,000 bpd in the short term. The NOC and Wintershall reached an interim agreement last week on an upstream contract dispute that began earlier this year. The dispute prompted...More