Libya’s political quagmire is getting muddier by the day. Yet, oil continues to flow. For now. Crude production is trending around the 1.2mn b/d mark in addition to around 50,000 b/d of condensate.
The rebound in oil production from July led to exports hitting a 15-month high of 1.19mn b/d in September, according to data intelligence firm Kpler (see chart). (CONTINUED - 935 WORDS)