​Libya’s Oil Production Restarts As Political Standoff Ends – Tyler Durden

Libya’s Oil Production Restarts As Political Standoff Ends By Charles Kennedy of OilPrice.com Libya’s oil production has resumed after a political agreement was reached between the two rival factions. The shutdown was caused by a dispute over the leadership of the Central Bank. The resumption of production is expected to boost Libya’s economy and stabilize global oil markets. Libya’s oil production is resuming on Thursday, the country’s Oil Minister Khalifa Abdul Sadiq told Bloomberg in an interview today, after more than a month of suspended output due to a political standoff between the eastern and western administrations in the North…  — Continue at ZeroHedge News : Read More