Slow return for Libya oil seen after Gaddafi topple

The overthrow of Libyan leader Colonel Muammar Gaddafi may have sent oil prices falling in recent days, but a return to full oil production in Libya is not likely for some time to come due to on-going security issues, say analysts

drop-of-oil

Brent crude futures dropped from $116 a barrel at the beginning of August to $107.42/bbl on August 22, the day after rebels entered Tripoli.

"The whittling away of Gaddafi's position has occurred due to the choking of supply lines and the damage to his coercive capabilities from airstrikes," says Henry Smith, a Libya analyst at Control Risks. Smith is an expert on political risk analysis in the Middle East and North African region. He believes that security is the key consideration for the

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