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Why MNI
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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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MNI ASIA MARKETS ANALYSIS: Fed Speakers Return Tuesday
Fire Breaks Out at Pipeline Linked to Es Sider
A fire broke out on one of the oil pipelines linked to Libya’s Es Sider oil port Aug. 12, according to sources and local media.
- The fire was around 30km from the Port, according to Alwasat. It has already been extinguished.
- The cause of the fire was a dredging machine that was working on the line.
- As the damage is unclear, it is hard to determine whether it will impact exports.
- Sources quoted an Argus note that was said to be reporting a fall of production by 100k b/d with 3-4 days of delay to loadings. However, this is yet to be confirmed in other media or by officials.
- Thus, the affected production and delays quoted may be subject to significant change as more information is released.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.