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Free AccessLibya Set Es Sider OSP Discount at -1.05$/bbl for February
Libya has set the Es Sider OSP for February at a discount of -1.05$/bbl to Dated Brent compared to -1.85$/bbl in January.
- The Sharara OSP was set at a discount of -0.05$/bbl compared to -0.65$/bbl in January.
- Libya crude production in January is estimated at 1.1mbpd according to Bloomberg data and 1.195mbpd according to Rystad data.
- A reduction in output from Saudi Arabia and Libya led to a fall in OPEC’s crude oil output by 60kbpd to 29.12mbpd in January according to a Bloomberg survey. The updated OPEC monthly oil report is due for release on 14 Feb.
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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.