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Crude prices slip on potential rise in Libyan output after LNA secured El Sharara

The Address | Benghazi – Libya

BENGHAZI – Oil prices edged down Thursday morning, pressured by a stronger U.S. dollar and signs Libya could soon increase its production, The Wall Street Journal reported on Thursday.

According to The Wall Street Journal, the securing of the largest oil field in Libya, El Sharara, by the Libyan National Army (LNA) on Wednesday caused oil prices to slip as production in field will likely resume.

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