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Posts Tagged ‘OPEC’

Libyan Uprising Affects World Oil Supply

Libyan Uprising Affects World Oil Supply

The political unrest in Libya could threaten energy exports to Europe if separatists in the oil-rich east of the country target infrastructure and look for a bigger chunk of revenues, analysts said on Monday. Crude oil prices have already jumped 5% Monday as violent protests spread in Libya. This is raising concern among experts that oil supplies [...]