Free Trial

Libyan Oil Production Remains at 1.2mn bpd in Latest Statement

OIL

Libya’s National Oil Company said in a statement Sunday that the countries production is running at 1.211 million bpd.

  • The NOC has returned the countries production to that of pre-force majeure after appointing a new chief last month. The NOC said production was 860,000 bpd July 23.
  • The country is exploring ways to “realistically” achieve output of 2mn bpd with talks ongoing between NOC and government officials.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.