Libya To Restart Production At Its Largest Oilfield

Civil war-torn Libya has resumed oil production at its biggest oilfield, hoping to put an end to the bitter infighting that has crippled its oil output since the beginning of the year, but it is now giving OPEC and its allies another concern about rising supply just as OPEC+ extended its deep 9.7-million-bpd cuts by one month to the end of July. Libya’s oil industry has been in total disarray after a group of paramilitary formations affiliated with the Libyan National Army (LNA) of eastern Libyan strongman General Khalifa Haftar occupied Libya’s…