Bloomberg Libya was producing 685,000 barrels of oil per day (bpd), up from around 600,000 a day last month, an official from the National Oil Corporation (NOC) said. Output has risen after a two-year blockade was lifted two weeks ago on major pipelines leading from the western fields of Sharara and El Feel. Production has been resuming gradually at …

  Bloomberg Mexico is bracing for a series of protests as the opposition threatens a “peaceful revolution,” after the government of President Enrique Pena Nieto announced plans to raise gasoline prices by the most in two decades. Gasoline will soar as much as 20 percent in January as the nation moves away from subsidies that have burnt a hole in …

  Bloomberg A polar blast that’s poised to sweep the US has turned natural gas into the year’s best performer among major commodities. Frigid weather will sweep the western two-thirds of the nation in the second week of January, stoking gas demand for heating, according to Commodity Weather Group LLC. The deep freeze comes as output from shale basins slows, …