Libya: Capture of Export Terminals Adds To the Momentum for an Oil Production Boost

Ahead of next week's oil producers meeting in Vienna, where the possibility of expanding production will be discussed, an attack on two Libyan oil terminals has highlighted the volatility of the North African country's output. Militants on June 14 assaulted the Ras Lanuf and As Sidra oil terminals in Libya's Oil Crescent region, wresting control of them from the Libyan National Army (LNA) and taking nearly a quarter of the country's oil production offline....