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Old 06-16-2022, 08:05 AM   #271
Leeman4Gilmour
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https://oilprice.com/Energy/Crude-Oi...-Closures.html

This won't help oil prices.

Quote:
Libya is producing only about 100,000-150,000 bpd of crude oil as almost all of its fields get shut down amid the latest flare-up of fighting between political factions in the war-torn country.

Oil minister Mohammed Aoun said earlier in the week that the country’s oil production was down by 1.1 million barrels daily—from 1.2 million barrels daily earlier this year
~1% of world supply gonzo for the time being

edit for being dumb

Last edited by Leeman4Gilmour; 06-16-2022 at 09:53 AM.
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