Libya’s Largest Oilfield Offline, Amid Uncertainty, ISIS Beheadings

Libya’s largest oilfield, the Sharara, remains offline despite
contradictory news reports this morning suggesting that exports
would resume. Weighing in on oil price uncertainty, market watchers
have been in a state of confusion over varying reports over the
past three days as to the status of exports from Libya’s biggest
producing oilfield. Earlier this morning, news reports citing
National Oil Company (NOC) sources said production had resumed at
Sharara, following a three-day blockade of the pipeline that feeds
crude to Zawiya export…

Libya’s largest oilfield, the Sharara, remains offline despite
contradictory news reports this morning suggesting that exports
would resume. Weighing in on oil price uncertainty, market watchers
have been in a state of confusion over varying reports over the
past three days as to the status of exports from Libya’s biggest
producing oilfield. Earlier this morning, news reports citing
National Oil Company (NOC) sources said production had resumed at
Sharara, following a three-day blockade of the pipeline that feeds
crude to Zawiya export…