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Libya’s Prime Minister Urges OPEC to Lift Oil Supply Faster

  • North African country isn’t part of current OPEC+ deal
  • Cartel is under pressure from consumers to help ease prices
Abdul Hamid Dbeibah

Abdul Hamid Dbeibah

Photographer: Chris J. Ratcliffe/Bloomberg
Updated on

Libya’s prime minister called on OPEC to accelerate its oil-production increases, although the North African country isn’t participating in the group’s current supply agreement. 

OPEC and its allies have been under pressure from consumers to help ease prices, which surged to a 13-year high of almost $140 a barrel after Russia’s invasion of Ukraine. Yet the wider cartel, known as OPEC+, has so far resisted the calls, which could threaten the close alliance between group leader Saudi Arabia and Moscow.