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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.
OIL
Libya’s Sharara oil field, the country’s second-largest oil field, fully halted output following protests, sources told Bloomberg.
- The Sharara deposit in the southwest of the country started gradual to halt output late Thursday and was fully stopped overnight. Before disruptions, the field pumped 250-260kbpd.
- Protest began at the nearby El-Feel oil field earlier on Thursday. The field has a capacity of 70kbpd.
- The protestors released a video statement from the 108 oil field. It remains uncertain whether output at the field has been affected by protests.
- Libya’s crude production stood around 1.15mbpd in recent month.
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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