VIENNA, Austria (Bloomberg) -- A reduction in OPEC crude output deepened as Libya’s biggest producing oilfield stopped pumping amid supply cuts from Saudi Arabia and potential disruptions to Nigerian exports. Libya halted the Sharara oilfield as a precaution after a rocket attack on the connected Zawiya refinery three days ago, closing down about 30% of national output. In Africa’s largest oil producer, state-owned Nigerian National Petroleum Corp. was in talks Sept. 17 to prevent a strike that threatened to disrupt exports. Saudi Arabia told the Organization of Petroleum Exporting Countries that in August it made the deepest production cut in 18 months.
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OPEC supply risks grow as biggest Libyan oilfield is halted
![OPEC supply risks grow as biggest Libyan oilfield is halted]()
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