- Libyan crude output slightly improved, but still down by more than 50% due to protracted civil turmoil and the seizure of key terminals
- Global oil supply broadly unaffected in 2013, with Saudi Arabia plugging the gaps in OPEC production
- Libyan supply disruptions only a stabilising factor amid rising non-OPEC output and re-emerging OPEC players Iraq and Iran
- Although a number of settlements have been reached with various interest groups and further negotiations are ongoing, the situation in Libya remains unstable and future oil production remains overshadowed by uncertainty
by Alexander Wilk // 14 February, 2014
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