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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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Free AccessOIL: Libya’s NOC Declared FM on Several Es Sider Cargoes: Reuters
Libya’s NOC declared a Force Majeure late last week on several crude cargoes loading from Es Sider, Reuters said.
- This came as production remains curtailed by a political standoff by the country’s two competing governments over control of the Central Bank.
- NOC did not declare FM on all loadings from the port, a measure that would have shut all loadings, sources told Reuters.
- It was not clear how many cargoes were affected by the FM but was likely ‘several’, Reuters sources said.
- "It's not a complete shutdown, some cargoes will load," a source told Reuters.
To read the full story
Sign up now for free trial access to this content.
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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.