The head of Libya’s National Oil Corp (NOC) sees higher oil prices and said the company is working to boost output and regain market share taken by other producers. Speaking on a visit to London, NOC Chairman Mustafa Sanallah said he saw signs of oil demand increasing across the globe and a fall in the supply of shale oil in the United States. “There is a general consensus that oil prices will recover. The worst of the market is behind us now,” he said on Tuesday at the Platts Global Crude Oil Summit. “It is expected that the oil price will start to rise by the beginning of the second half of this year and continue to rise in 2016.” Brent crude was trading at around $65 a barrel, up from a low near $45 seen in January but still nearly half the level set in June 2014 […]