Warning Signs Grow for Libyan Oil Production

As oil markets maintain their focus on how quickly Saudi oil production can bounce back from attacks on Abiqaiq and Khurais, a long-running crisis a couple of thousand kilometers west in Libya is putting more than 1 million barrels per day at risk. The civil war in Libya between forces from the eastern and western parts of the country is not the country's only production problem: The legitimacy of Tripoli's National Oil Corporation, the entity that officially governs the country's oil exports, is once again at stake. It faces a growing crisis over fuel distribution and a threat to its continuity from a breakaway unit that refuses to recognize the authority of the corporation's leaders in Tripoli....