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Tag Archive | oil export

Libya Stops Oil Export, Saudi Arabia Increases Oil Output 8%

Saudi Arabia raised oil output about 8 percent to 9 million barrels plus per day (bpd) to make up for a near halt in Libyan exports, an industry source said, helping prices fall further from the highest since 2008. Some European oil firms reported they were looking to buy more crude from Iran. The International […]

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