1 Day
Source:
LBCI Lebanon
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Libya's Sharara Oil Field Output Drops
The Sharara oil field in Libya has lost around 200,000 barrels per day in production due to violence and unrest. It is currently halting the output of more than 95,000 barrels daily compared to the normal rate of over 300,000 barrels per day. Engineers confirmed that production declined after clashes led to the shutdown of some facilities, with a gradual resumption of output, but it remains below previous levels. This situation is impacting the oil market and increasing pressure on prices.
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