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Oil Prices Set to Slip if Rebels Win Libya

Wall Street Journal Original article ›

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Consultants Wood Mackenzie say it will take about 3 years for Libya to get back to normal oil export levels of 1.5- 1.8 million barrels a day. It will take time to rebuild damaged oil refineries after the war against the Gaddafi regime.

Italy and Libya's Oil Industry

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For West's Oil Firms, No Love Lost in Libya

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Where Has Libya's Oil Gone?

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The recovery of Libya's oil exports and world oil prices- 2011-2014

06/11/2011

The fall of the Gaddafi regime in Libya in August 2011 and restoration of democratic government will lead to a renewal of oil exports. Libya exported 1.5- 1.8 million barrels a day before the war against Gaddafi. The restoration of full production depends on the rebuilding of damaged refineries. This could take upto three years say experts. A psychological boost is not the same as the physical aspect of oil supplies on the ground says one analyst.

Grouped Articles

In Libya, Unrest Brings Oil Industry to Standstill

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Libya's Prime Minister Presents Cabinet for Parliamentary Approval

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Libyan oil: A sticky problem

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Oil Slips as Saudi, Libyan Production Worries Ease

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Oil Prices on Track to Hit New Lows

Wall Street Journal 12/15/2014

Oil Companies in the Cross Hairs of Libyan Violence

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