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Eni's (E +2.3%) CEO believes Libyan oil production has fallen 75% to just 400K barrels/day. "The...

Eni's (E +2.3%) CEO believes Libyan oil production has fallen 75% to just 400K barrels/day. "The real phenomenon is there are 1.2MBD less on the market," says Paolo Scaroni. Brent crude (BNO) +3.6% to $115, after spiking +8% earlier. 
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