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Libya's dinar has plunged to record lows, driven by a sharp decline in oil revenues and escalating political unrest.
The Sarir field normally produces about 209,000 barrels per day (bpd). Libya pumped about 1.18 million bpd in July in total. Last Friday, Libya’s National Oil Corp said recent oilfield closures ...
(Bloomberg) Oil rose with the closure of Libya's largest oil field in a market that is already undersupplied, obscuring signs that closures in China are affecting its economic growth. Brent crude ...
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