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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
Protesters have started to shut down Libya's 200,000 b/d eastern Sarir field according to a source speaking with Argus.
- It is not clear if it is fully offline or in the process of lowering production.
- Fresh threats erupted at the key eastern ports Es Sider and Ras Lanuf, according to a second Libyan source. Protesters have forced mangers at the Sidra and Ras Lanuf oil ports to close, and the tanker KIRITI Bastion was mobilized in Ras Lanuf to be the last, and another tanker, Estrella, will be prevented from entering Sidra to load 600,000 barrels of oil.
- The prospective disruptions add to demonstrations that have shut-in over a quarter of Libya's production since mid-April.
- Libya's largest field, the 300,000 b/d El Sharara, is operating at minimal capacity after being shut by protestors last 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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