Oil analysts say with the proper investment Libya's oil production could be improved from a...

|By:, SA News Editor

Oil analysts say with the proper investment Libya's oil production could be improved from a pre-war production run of 1.6M barrels a day, up to 3M barrels. The catch is that the payoff is years down the road. Oil players are down sharply today: BP -4.6%, SLB -2.8%, MPC -4.89%, SUN -2.4%.