Oil Prices Fall As Libya Looks To Bring Back 1 Million Bpd

Libya’s crude oil production could reach 800,000 bpd over the next two weeks and top 1 million barrels daily within a month now that the National Oil Corporation has lifted the force majeure from another two oil export terminals. “As NOC highly commends the efforts exerted by all local and international parties, it undertakes to hold to the non-political professional principles, continues in performing its responsibilities and duties in a completely neutral manner and declares that as production resumes from Waha and Harouge fields,…