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Libya Oil Output Falls to 981k b/d: Minister

OIL

Libya’s oil output has fallen to 981k b/d due to the outage at the Sharara oil field, Oil Minister Mohamed Oun said, cited by Bloomberg.

  • Production was around 1.14m b/d in December, based on a Bloomberg survey.
  • Production has been disrupted due to protests, according to people familiar with the site.

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