Libya’s oil production decreased by about 1,000 barrels, as the National Oil Corporation (NOC) announced Thursday that the production of crude oil amounted to 1.223 million barrels, while the production of condensate reached 53,000 barrels during the past 24 hours.
NOC announced Wednesday that production amounted to 1.224 million barrels per day.
This comes while oil prices stabilized Thursday as the OPEC+ producing group raised the prospects of curbing oil supplies, while the prospects of an agreement that may return Iranian oil exports subject to sanctions to the market were affected.
Brent crude fell two cents to $101.20 a barrel, while US West Texas Intermediate crude fell 22 cents, or 0.2 percent, to $94.67 a barrel.