Libya’s crude oil recovery has seen output rise above 1 million b/d for the first time since early June, sources close to the production said Tuesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The latest increase came mainly from the Sharara oil field where production has moved above 250,000 b/d, up from 218,000 b/d last week, the sources said. The 340,000 b/d field was shut down abruptly mid-June after gunmen entered a substation and kidnapped four staff members. Wells in the surrounding area were shut down as a precaution and workers evacuated. Libya’s oil output fell to 670,000 b/d in July, its lowest since April 2017, according to the latest S&P Global Platts survey, as the authorities dealt with a militia blockade of eastern ports that was resolved on July 11 as well as the Sharara kidnappings. Operated by a joint venture between state-owned […]