Libya’s Oil Output Rises to Almost 1 Million Barrels Daily

  • Production is rising gradually, says Libya Energy Minister Oun
  • Oil traders are watching supply disruptions from Libya closely
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Libya’s oil production is rising gradually after a blockade of its western fields ended and ports in the east re-opened, according to the OPEC member’s energy minister.

Output is 963,000 barrels a day, Mohammed Oun said in a response to questions from Bloomberg on Thursday.