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Monday, 01/20/2020 10:07:18 AM

Monday, January 20, 2020 10:07:18 AM

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Oil is going to be up tomorrow on Libya news: Pro-Haftar forces 'block oil exports' from key Libya ports AFP•January 18, 2020

Tripoli (AFP) - Forces loyal to military strongman Khalifa Haftar on Saturday blocked oil exports from Libya's main ports, the National Oil Company said, raising the stakes on the eve of international peace talks.

The closure of Libya's "oil crescent" will cause the country's daily crude production to plunge from 1.3 million barrels to 500,000 barrels and cause losses of $55 million a day, the firm warned.

https://www.france24.com/en/20200118-libya-s-pro-haftar-forces-block-oil-exports-halt-oil-exports-blocking-key-ports
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