For decades, Libyan oil has been a linchpin of European oil-supply security. Since the early 1960s, Libyan oil was critical to European oil-supply security. Libya Oil Production (thousands of barrel per day), 1965-2017Source: BP Statistical Review of World Energy, 2018The loss of Libyan oil in early 2011 jolted markets, sending price to its highest point this decade. These developments indicate that Libyan oil is still very much up for grabs. Yet he exhibits little urgency to make sure Libyan oil stays on the market.
Source: Libya Today May 16, 2019 08:03 UTC