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Libyan Oil Output Plunges to Six-Month Low as Elephant Halted

Libya’s oil production plunged to the lowest in about six months after protesters seeking jobs and development projects halted a western oilfield run by Eni Spa.

Demonstrators forced the Elephant field to halt today, cutting the nation’s production to 150,000 barrels a day from 230,000 barrels yesterday, Mohamed Elharari, a spokesman for National Oil Corp., said by phone from Tripoli. Paolo Scaroni, Eni’s chief executive officer, met with Libyan Prime Minister Abdullah Theni today to discuss increasing production in the North African country.