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prospective Libyan disruptionCNBC
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83% Informative
Political standoff in Libya risks paralyzing the north African country's lucrative oil sector.
But frequency of power tussles and crude disruptions have called long-term oil price support into question.
Libya 's oil production has long been a victim of ransom for capital or political advantage.
Libya boasted a crude production of 1.18 million barrels per day in July , according to independent assessments cited in the OPEC Monthly Oil Market report.
Goldman Sachs analysts likewise saw the prospective Libyan disruption as short lived. "Market participants seem sanguine," Barclays' Amarpreet Singh assessed in a Tuesday note, flagging that "in a way, the situation in Libya is reminiscent of the elevated geopolitical tensions in the Middle East , as in fundamentals could move in the direction opposite to the risks implied by geopolitical developments for a sustained period.".
VR Score
87
Informative language
90
Neutral language
27
Article tone
formal
Language
English
Language complexity
68
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
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