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MARKET WATCH: Crude oil futures drop with rising Libyan production

10.07.2014 / Energyboardroom

Crude oil prices fell by more than $1/bbl on the New York market July 9 on reports that Libya’s largest oil field had resumed production following the lifting of a force majeure on two ports, Ras Lanuf and Es Sider, which together account for about half of Libya’s oil exports.

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