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Libya's oil output increase to benefit European refiners  Join our daily free Newsletter

MENAFN - 16/01/2014
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(MENAFN) The first growth in oil output in #Libya in 10 month may cause regional crude costs to drop, Times of #Oman reported



The country's government said that oil output increased to 650,000 barrelsper day (bpd) in the three weeks to January 13




A senior market analyst at KBC said: "All European refiners are likely to profit from rising Libyan production as light, sweet supply increases.

 
 


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