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Tuesday, July 25, 2017 12:52 GMT

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Top News of Libya

OPEC Chief: Market to Need More Oil from Libya & Nigeria

published:24/07/2017 04:36 GMT

The oil market will need more crude from Libya and Nigeria as it re-balances at a faster rate in the second half of the year after a slow start, OPEC secretary-general Mohammad Barkindo said Sunday. Compliance with production cuts by members of OPEC is "excellent," Barkindo was quoted as saying in St Petersburg, Russia, Wam, the Emirates official news agency. Libya and Nigeria are exempt from the cuts and have been boosting production, leading to speculations about whether the Organization of...More


Latest Oil and Gas News

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