Markets Absorb Increase In Libya Oil Production


Markets Absorb Increase In Libya Oil Production

Sat, 21 Nov 2020 | By middleeastmonitor | 16 Hits

SampP Global Platts quoted traders in the oil market stating that the global market has absorbed the growing and sudden surge of Libyan oil production contrary to the expectations of energy agencies and experts A trader in the oil market confirmed during a recently held conference that the initial indications suggest that the market was able to absorb the output of Libyan oil without recording substantial panic Libya has rapidly increased the production of crude oil during the last two months after the parties to the conflict agreed on a cease >>READ MORE



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