Libya’s oil production has jumped to around 500,000 barrels per day (bpd) this week after the country’s largest oilfield resumed pumping crude over the weekend, sources with knowledge of the operations told Bloomberg on Friday. The return of Libyan oil to the market has weighed on oil prices in recent weeks, after the head of the Libyan National Army (LNA), General Khalifa Haftar—whose troops, with help from affiliated groups, had blockaded Libya’s oil ports in January—announced the end of the port blockades on September 18. Even the OPEC+ group is closely monitoring the supply increase from Libya, which is exempted ... (full story)