BusinessDay
Nigeria's leading finance and market intelligence news report.

What revival of Libya’s largest oil field means for Nigeria, OPEC

For Nigeria’s and some other Organization of Petroleum Exporting Countries (OPEC’s), the quest to defend battered oil prices faces another major test after Libya has restarted production at its largest field, Sharara. The news of increasing supply serves as a fatal blow to the Benchmark of Nigeria’s crude oil which has more than doubled to…



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