Bloomberg reported today, Tuesday, that Libya accounted for most of the increase in oil production for the Organization of Petroleum Exporting Countries (OPEC) for the second consecutive month.
Bloomberg confirmed that OPEC produced more than 27 million barrels of crude oil per day in November, an increase of 120,000 barrels compared to October, following Libya’s recovery of its disrupted production.
The agency added that Libya’s production increased by about 110,000 barrels, reaching 1.14 million barrels per day, the highest level since July, after the restart of the Sharara oil field in October.
