MARKETS
Libya's National Oil Corporation Hits Decade-High Production
Libya's National Oil Corporation reported achieving its highest average crude oil production in ten years, reaching 1.374 million barrels per day in 2025. Cumulative production for the year totaled 501 million barrels, marking a significant recovery for the country's oil sector after years of instability. The increased output could help stabilize global oil markets and generate crucial revenue for Libya's economy.
