New York Times | Libya Starts Expanding Oil Exports — for Now, at Least New York Times Little more than a week after the OPEC cartel moved to reduce oil supplies on the glutted global market, embattled Libya has reopened a major seaport terminal for oil exports and has announced that it intends to expand production through the rest of ... Saudis cancel rare prompt oil offer to Asia after OPEC deal: sources Oil rig workers outside Watford, ND, in 2012 (Reuters photo: Jim Urquhart) |