Tag Archives | IHS Markit

Oil Production could Double within 5 Yrs

By John Lee. IHS Markit reports that Libya’s oil liftings have been close to 960 thousand barrels per day (bpd) on average between early April and mid-June, with growth of almost 40 percent since the first quarter of this year. It says that Libya’s oil production could surpass 2 million bpd by the end of […]