Five Western countries including the United States, as well as Turkey and the United Arab Emirates, support Libyan state oil firm NOC as the sole legitimate authority for the country’s energy sector, a joint statement said on Sunday.
Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom’s oil industry a day earlier knocked out more than half of Saudi crude output.
Libya’s state oil firm has restricted kerosene supplies to areas controlled by eastern commander Khalifa Haftar.
While United States (US) sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show.
A pipeline that ruptured on Friday in Nigeria’s Delta state spilled oil but has been contained, the head of state oil company NNPC said on Saturday.