Libya’s crude exports continued to decline as U.N.-led talks failed to break a deadlock over control of the country’s central bank crises.
Exports fell to an average of about one cargo every two to three days last week, compared with a tanker every day or two at the start of the month, according to Bloomberg.
Libya exported 314,000 bpd last week, down from 468,000 bpd in the first five days of the month.
The crisis began last month when factions based in the west of the country moved to oust the veteran central bank governor, prompting factions in the east to declare a complete shutdown of oil production.
The U.N. Support Mission in Libya, which is trying to calm the crisis, said Tuesday it would resume facilitating talks between Libyan factions in Tripoli on Tuesday.
Follow the latest news on Google News
