Free Trial
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.
OIL
Libya: crude oil exports during the first 12 days in June averaged 569 kb/d, down by 153 kb/d versus the full month of May according to Petro Logistics.
- Libyan crude exports are expected to be hit further this month due to protests shutting down most of the countries crude production and shutting down ports.
- Libya's Oil Minister said this week that oil production has fallen by 1.1 million bpd over the latest disruption to around 100,000-150,000 bpd.
- As a result, Libya is losing about $70 to $80 million daily in oil revenues, according to the oil ministry.
- Libya has proved it can restart production relatively quickly but protests surrounding interim PM Abdul Hamid Dbeibah’s refusal to give up his seat look unlikely to be resolved any time soon.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok