Unplanned disruptions in global oil supply dropped to 1.6 million barrels per day (bpd) in September 2017, which was the lowest level of crude offline due to unforeseen events since January 2012, the Energy Information Administration (EIA) said on Monday. The main reasons for the lowest unplanned crude supply disruptions in more than five years were reduced outages in Libya, Nigeria, and Iraq, the EIA said. To compare, in May last year, for example, unplanned global oil supply disruptions averaged more than 3.6 million bpd , the highest monthly level recorded since EIA started tracking global disruptions in January 2011. In May 2016, sudden outages in Canada, Nigeria, Iraq, and Libya more than offset reduced disruptions in Kuwait, Brazil, and Ghana. As of September 2017, civil strife in Libya and militant activity in Nigeria saw an abatement in recent months, and global unplanned oil supply disruptions have dropped by […]