Libya's National Oil Corporation has announced that crude oil production will resume at two of its major fields, where operations stopped in August amid ongoing tensions between the country's dueling

Libya will resume oil production starting Thursday, the OPEC nation’s oil minister, Khalifa Abul Sadeq, told Bloomberg in an interview. The move potentially returns hundreds of thousands of barrels a day to global markets after a political standoff in the country.

Libya was preparing to restart oil production that has been shut since late of August after an agreement on a new head of the central bank was reached, two oilfield engineers told Reuters on Tuesday.

Libya resumed oil production on Thursday, returning hundreds of thousands of barrels a day to global markets after a political standoff in the OPEC member eased.Most Read from BloombergThe Corner Store ComebackA Housing Crisis Brews in Rwanda’s Capital CityGang Violence Is Moving to the Amazon’s Fast-Growing CitiesA 7,