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Libya Reaches Highest Oil Output Since 2013 at 1.44M Barrels/Day; Iran-U.S. Talks Make Progress on Strait of Hormuz

2026-06-22 06:45:29

NG1.97%

According to Jin10 data, Libya's state-owned oil company reported crude output reached 1.44 million barrels per day on June 22, marking the highest level since 2013. Iraq's deputy oil minister said the country plans to gradually restore crude production to 4.2-4.3 million barrels per day, the level before the Iran-U.S. conflict. Qatar is recalling empty liquefied natural gas ships to prepare for resuming supplies representing about one-fifth of global LNG capacity. U.S. officials and Iranian representatives made progress on the Strait of Hormuz navigation issue during recent negotiations, with a 60-day roadmap agreed between Qatar and Pakistan.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Iraq Plans to Resume Crude Output to 4.2-4.3 Million Barrels Per Day, Says Iran's Deputy Oil Minister on June 21

Libya's Crude Oil Production Hits 1.44 Million Barrels Per Day, Highest Since 2013

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