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OIL

Libya props up OPEC January production

THE Organisation of the Petroleum Exporting Countries recorded an overall production boost of 150,000 barrels per day of crude oil over the January period due to an increase in Libyan production, which offset drops from a number of its counterparts.

Andrew Snelling
Libya props up OPEC January production

OPEC recorded 29.87 million barrels per day during January from 29.72MMbpd in December as the slowly recovering Libya saw an increase of 280,000bpd to 530,000bpd. The increase in Libyan production, which...

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