Libya's oil production reaches 1.067 million barrels per day after political resolution.

Libya's oil production has exceeded 1 million barrels per day for the first time in two months, following the resolution of a political standoff between its eastern and western administrations. This increase, reaching 1.067 million bpd, comes amid efforts to stabilize the oil market, which faced disruptions from a recent conflict in the Middle East. Libya's production had previously dropped below 450,000 bpd due to political unrest, while typical output exceeds 1.2 million bpd.

October 07, 2024
13 Articles

Further Reading