Libya’s NOC says oil output hits 1.2 million b/d after lifting of force majeure

Libya’s crude production has returned to 1.2 million b/d after the lifting of force majeure on oil fields and exports on July 15, state-owned National Oil Corp. said July 31, even as the OPEC member still grapples with political mayhem and armed clashes among rival factions. “We are happy to announce that our production rates have reached the pre-force majeure…