Estimating that disrupted Libyan oil production amounts to 850K to 1M BPD, the IEA says it's...

|By:, SA News Editor

Estimating that disrupted Libyan oil production amounts to 850K to 1M BPD, the IEA says it's showing a noticeable effect on supplies, especially in Europe. The cutback will become more serious should it last into Spring, as refiners will begin operating at full capacity. Premarket: OIL +1.6%.