Waha Oil Production Cut By 120K Barrels Daily

Bloomberg reported that Libyan Oil Minister Abdulbari al-Arusi said Waha Oil Co’s output was cut by 120,000 barrels per day because of a pipeline that was shut due to a strike at Gialo field.

As quoted in the market news:

The protest is continuing today at the Gialo field, which feeds crude into a pipeline that runs to the Es Sider export terminal, Abduljalil Mayuf, spokesman of Arabian Gulf Oil Co., a unit of National Oil Corp., said by phone from the eastern city of Benghazi.

Click here to read the full Bloomberg report.