A Mixed Earnings Season for Oil and Gas Giants

Politics, Geopolitics & Conflict LIbya’s Akakus Oil Company said on Monday that production at the Sharara oilfield (the country’s largest) had hit 285,000 bpd, representing a 10,000-bpd increase in a week’s time after being shuttered over political horse-jockeying over the now-tentatively resolved Central Bank scandal. A drone strike on a Russian special forces academy in Chechnya is being attributed by the media to Ukraine; however, we do not have confirmation that Kyiv was behind the attack. It is equally possible that this...