Rebel Advance In Libya Roils Global Oil Prices

Prices fall in several markets Monday, even as petroleum industry experts and political analysts say it could take more than a year for Libya to pump oil at pre-war levels.Global oil prices were roiled by news of the rebel advance in Libya and the prospect that oil would be flowing from that country again.

BING NEWS:
  • Spain's Repsol resumes oil exploration in Libya after 10-year hiatus
    Spain’s Repsol has resumed oil exploration in Libya after 10 years, the state oil firm NOC said in a statement on Tuesday.
    12/31/2024 - 3:32 am | View Link
  • Libyan Oil Production Reaches Record Highs
    Libya's oil industry has seen significant achievements with Acacus Oil Company reaching an output of 301,587 barrels per day and Sirte Oil Company achieving 103,000 barrels per day, levels not seen ...
    12/21/2024 - 4:03 am | View Link
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