Oil prices continue to trade under pressure as rumors of issues with the current OPEC deal are making the rounds. This is because Libya, whos production was by civil unrest, and oil export terminals blockades isnow targeting to further increase its oil output, up to as much as 1-million barrels per day. If Libyan production can climb to this level by the end of July, it would further complicate OPEC’s desperate efforts to reduce global inventories and prop up oil prices.