On 11 October, S&P Global published a feature report titled ‘Libyan oil output poised for boom after end to political standoff’. The report looks at Libya’s crude oil production in the aftermath of the standoff over the leadership of the Central Bank of Libya (CBL), noting that since the crisis has been resolved, the sector is set for a strong comeback that may even surpass pre-crisis levels. Speaking to sources and using loading data, the report expects a significant rise in Libyan production and exports in the coming period, with levels possibly exceeding previous records.
Read the full report here.