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Libyan Oil Exports Flat in June M-O-M

OIL

Libya: crude oil exports during the first 19 days in June averaged 708 kb/d, down by 13 kb/d versus the full month of May according to Petro Logistics.

  • The figures shed some light on the Libya’s oil sector after conflicting reports on production levels over the weekend created uncertainty.
  • The country’s Energy Minister Mohamed Oun placed production at around 700,000-800,000 bpd at the start of the week. Prior to the protests, Libya was pumping out 1.2mn bpd.

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Libya: crude oil exports during the first 19 days in June averaged 708 kb/d, down by 13 kb/d versus the full month of May according to Petro Logistics.

  • The figures shed some light on the Libya’s oil sector after conflicting reports on production levels over the weekend created uncertainty.
  • The country’s Energy Minister Mohamed Oun placed production at around 700,000-800,000 bpd at the start of the week. Prior to the protests, Libya was pumping out 1.2mn bpd.

Keep reading...Show less