Libyan oil output shrinks more as oil tanks blaze


  • World
  • Tuesday, 30 Dec 2014

Smoke rises from an oil tank fire in Es Sider port December 26, 2014. REUTERS/Stringer

BENGHAZI, Libya (Reuters) - Libya's oil output has shrunk further after blazing oil tanks at a major terminal helped push world oil prices higher and put a strain on the country's dollar currency reserves.

Libya is surviving on a mere 128,000 barrels per day from fields connected to the eastern port of Hariga, an oil official said on Monday, while fighting halted the major ports Es Sider and Ras Lanuf.

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