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Opec Output At 17-Year Low Amid Libya Collapse
...pact of port shut-ins was felt. This was partially offset by a 120,000 b/d increase from Iraq to 4.51mn b/d which put Opec’s No.3 producer some 50,000 b/d above its Q1 production allocation. Libyan output has crashed to just 120,000 b/d (see p16), its lowest level since September 2011 in the last da...
Volume: 63Issue: 10Published at Fri, 06 Mar 2020 -
Libya Output Lowest Since 2011
...Libya Output Lowest Since 2011 Amid ongoing oil blockades imposed by eastern-based General Khalifa Haftar, Libya’s February crude output at 120,000 b/d came in at its lowest level since the 2011 revolution that overthrew long-time leader Muammar Gaddafi (see chart). The blockades have re...
Volume: 63Issue: 10Published at Fri, 06 Mar 2020