Libya seeks to avoid oil-market disruption as supplies rebound

TRIPOLI, Libya (Bloomberg) -- Libya, the north African country whose crude exports collapsed last year amid protests and political feuding, will seek to revive shipments in a way that avoids oil-market disruption, its governor for OPEC said. Protesters in the east of the country with Africa’s largest oil reserves reopened two ports at the start of this month, ending a yearlong blockade that helped decimate the nation’s supplies. Brent crude, the global benchmark, slid about 3.3% since the rebels said the terminals would restart.

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