LIBYA

The political breakthrough that has paved the way for a revival of the country’s oil sector has yet to translate into higher production volumes.

The end of a year-long blockade of key oil ports and the restart of the country’s biggest oilfield have yet to impact on Libyan crude output, which has remained unchanged since the political obstacles to a production surge have been removed.

On 6 July, state-owned National Oil Corporation (NOC) lifted force majeure at the key...