Libya Raises Oil Production To 1.1 Million Bpd

Libya, plagued by port blockades and protests at oil facilities in recent months, has now managed to raise its oil production to 1.1 million barrels per day (bpd), the oil minister of the Tripoli-based government said in a text message sent to Reuters on Tuesday. Libya’s oil production has recovered in recent days after the country resumed oil exports last week. Last Wednesday, the first tankers arrived in Libya to load oil for export, ending a force majeure on key oilfields and ports that had been in place since April. The force…