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OIL

WTI & Brent sit little changed at typing, holding narrow ranges in Asia-Pac hours after a limited Thursday session which saw the benchmarks finish little changed come settlement time.

  • Oil-specific news flow has been limited at best over the last 24 hours, headlined by reports that Libyan crude production has recovered to 1.25mn bpd, although this remains a few hundred thousand barrels shy of levels that would trigger broader OPEC+ calls for the enforcement of limitations on Libyan crude production.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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