Oil price rises after shutdown Libyan production

Oil price rises after shutdown Libyan production

World April 10, 2017 15:06

- The price of Brent oil rose further on Monday. Production was stopped in one of the largest Libyan fields.

That operation ensures according to Bloomberg for a price increase of more than 1%, up to over $ 55 per barrel. The Sharara field, the largest of the Libyan state, was just a week.

The OPEC country had to declare force majeure for the transport from Sharara direction export terminal for refining in Zawyia, its second port of export.

The fields were closed after clashes between rival gangs and terror groups sympathetic to Al Qaide and IS.

The field is the Libyan state accounted for 200 000 barrels per day, according to census of the National Oil Corp. The importance for the North African market is large; which produces a good day as claimed in claims 700. 000 barrels per day.

Oil analysts hold the Libyan market in mind: in the years before the attacks on IS was the land God for 1.6 million barrels per day. Within OPEC, for

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