Libya’s National Oil Company said Tuesday long shuttered pipelines had reopened in the country’s west that could supply 270,000 barrels a day of crude oil in the next three months—almost half its current output. The new production, if sustained, would be a boost for Libya as it tries to reboot its oil industry following years of strife in the wake of the 2011 ouster and death of dictator Moammar Gadhafi. Its production fell from a peak of over 1.6 million barrels a day to less than 300,000 barrels a day at points this year. Pumped-up Libyan output would also complicate efforts to raise oil prices by the Organization of the Petroleum Exporting Countries, the 13-nation cartel that counts Libya as a member. The group pledged to trim its output by 1.2 million barrels a day, but exempted Libya and Nigeria from any obligations because their production had been disrupted […]