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    market news

    Main Oil Refinery In Western Libya Shut Down By Protesters

    Investing News Network
    Nov. 29, 2012 08:59AM PST
    Resource Investing News

    Injured soldiers protested outside western Libya’s main oil refinery on Thursday, closing operations for the second time this month, a company spokesman said, and raising fears of a petrol shortage in the war-battered country.

    Injured soldiers protested outside western Libya’s main oil refinery on Thursday, closing operations for the second time this month, a company spokesman said, and raising fears of a petrol shortage in the war-battered country.

    Highlights from market news:

    – Veterans of the civil war which ousted Muammar Gaddafi gathered out side oil plant run by Zawiya Oil Refining demanding compensation and treatment

    – Number of protests outside refineries leave a significant challenge for new government who depends largely on oil revenues

    – Refinery was forced to shut down for two days due to a similar protest early November

    Click here to read full CNBC article.

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