From The Hellenic Shipping News:
Libya Oil Output Recovery Will Take at Least a Year, Ghanem SaysMore at http://www.hellenicshippingnews.com/index.php?option=com_content&view=article&id=44838:libya-oil-output-recovery-will-take-at-least-a-year-ghanem-says &catid=30
il-companies-news&Itemid=225
CME Close:
Crude: $86.67
Brent Crude: $112.58
Natural Gas: $3.885
Libya Oil Output Recovery Will Take at Least a Year, Ghanem Says
quote:
Shokri Ghanem, Libya's former top oil official who defected earlier this year, said he doesn't expect the country's crude production to return to pre-conflict levels of more than 1.5 million barrels a day until the end of 2012,
CME Close:
Crude: $86.67
Brent Crude: $112.58
Natural Gas: $3.885