Free Trial

Libya Cuts Es Sider OSP to 55c Discount to Dated Brent for April

OIL

Libya reduced its Es Sider OSP for April to a discount of 55 cents/b discount to Dated Brent, according to a price list seen by Bloomberg.

  • This has widened from a 10 cents/b discount in March.
  • Sharara OSP was set at a premium of 20 cents/b, compared to a 55 cents/b premium in March.
  • OSPs for Abu Attifel, Al-Jurf, and Bouri were unchanged for April, while prices for remaining grades were cut by 25-25 cents/b, Bloomberg said.

To read the full story

Close

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.