Shutdowns at Libya’s Oilfields Continue

Another oilfield in Libya stopped nearly all output on Wednesday as shutdowns at the country’s oil-producing facilities continue over a political standoff over the leadership of the OPEC producer’s central bank. On Wednesday, the Sarir oilfield halted almost all production of about 209,000 barrels per day (bpd), engineers told Reuters. According to the field engineers, this was the daily production rate at Sarir before the field began reducing output.   Oil production at several Libyan oilfields was halted on Tuesday after the…