Libya-Spain Barter Deal Falls Through 

Libya's insistence on official prices for its crude oil in a barter deal with Spain has resulted in the collapse of the agreement, according to a statement by a Hispanoil official in Madrid.

The $80mn deal was signed last March and provided for the state-owned Hispanoil to lift 30,000 b/d of Libyan crude, the proceeds of which would have paid back Libyan debts to Spanish companies. Hispanoil demanded that the crude oil be priced at...