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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.
OPEC
Libya’s Prime Minister Abdul Hamid Dbeibeh has called on OPEC to accelerate oil production increases.
- The move is the second such unilateral call to increase oil production from an OPEC member after a retracted call from Abu Dhabi last week.
- Libya has stated ambitions to revive its oil and gas sector after suffering setbacks due to armed conflicts leading to the closure of many oil and gas fields and export terminals.
- in 2021 the Libyan National Oil Corporation (NOC) announced plans to raise oil production capacity to 2.1 million barrels per day (bpd) from 1.3 million bpd.
- Libya was one of the few OPEC countries which recorded a production increase in the OPEC oil report released this week. The report can be viewed here.
OPEC Crude oil productionOPEC
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.
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