Libya’s Oil Exports Crash to 400,000 Bpd as Political Row Stalls Output

Crude oil exports from Libya have crumbled to around 400,000 barrels per day (bpd) this month from 1 million bpd in August as the political standoff in OPEC’s North African producer continues, Reuters reported on Tuesday, citing data from ports and ship-tracking services. Most of Libya’s oil exports this month were headed to nearby Italy and Greece, while some cargoes traveled to China and Canada, according to data from oil analytics firm Kpler and port agents quoted by Reuters.  Libya’s National Oil Corporation (NOC) has…