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The Scramble for Access to Libya’s Oil Wealth Begins | NYTimes.com

HOUSTON — The fighting is not yet over in Tripoli, but the scramble to secure access to Libya’s oil wealth has already begun.

Before the rebellion broke out in February, Libya exported 1.3 million barrels of oil a day. While that is less than 2 percent of world supplies, only a few other countries can supply equivalent grades of the sweet crude oil that many refineries around the world depend on.

Read more here: The Scramble for Access to Libya’s Oil Wealth Begins – NYTimes.com.

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