Libya Oil Output Rises as Nation Exempted From OPEC Supply Cap

Updated on
  • Country’s output rose to 500,000 barrels a day: NOC official
  • Production to further advance by end of month, Al-Awami says

Will the OPEC Deal to Cut Production Hold?

Libya’s oil production rose to 500,000 barrels a day and will further advance by the end of the month as the holder of Africa’s largest crude reserves was exempt from an OPEC accord to limit production, according to an official of the state oil company.

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