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Post-Gaddafi Libya: $30Bn Needed To Raise Oil Production

It’s ironic that the man who used his formidable oil assets as a weapon to hold his people - and the world - hostage, saw little reaction from oil markets upon his death.

The market fluttered briefly, dipping lower on news that the self-appointed ‘king of kings’ had been shot by rebel fighters, but it was quickly outweighed by news that France and Germany planned a summit to address the euro zone debt problems - the oil maverick’s death was a mere blip in the day’s trading session. READ MORE HERE

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