CNBC | Libya's oil production has risen to 827000 bpd, climbing above a three-year peak reached earlier this month, the ... CNBC Brent crude oil prices fell to a three-week low on Wednesday on news that Libyan output was recovering from a technical issue at an oilfield, fueling concerns that OPEC-led output cuts on reducing global inventories were being undermined by producers ... Stop watching OPEC, start watching oil demand: Why an oil deficit is on its way Oil falls as rising Libyan, US output undermines cuts Oil prices drop nearly 3% for the session, down three months in a row |