For Free Headlines Submit Your Email
Monday, October 22, 2018 2:26 GMT
Libya's crude oil output has dipped again due to the deteriorating security situation around its largest oil field Sharara , sources said Tuesday. Sources with knowledge of Libya's production said an increase in local militia activity in the past week led to some oil workers evacuating fields. Crude output in Libya had recently touched five-year highs at a critical time for global markets ahead of the imposition of US sanctions on Iran. By the end of last week, the Sharara field was producing...More