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OIL: Libya’s November Crude Loadings Revised up to 1.14mb/d

OIL
Energy BulletsBulletCommodities

Libya’s November crude loadings have been revised up again to 1.14mb/d from an initial plan of 1.05mb/d and previous revision of 1.12mb/d, due to the addition of another extra cargo, according to Bloomberg.

  • The plan compares to a revised volume of 875kb/d for October following the end of a political standoff over control of the Central Bank which curbed production and exports.
  • Amna/Sirtica exports from Ras Lanuf were revised up from 140kb/d to 160kb/d but loadings of other grades remained unchanged in the latest revision.
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Libya’s November crude loadings have been revised up again to 1.14mb/d from an initial plan of 1.05mb/d and previous revision of 1.12mb/d, due to the addition of another extra cargo, according to Bloomberg.

  • The plan compares to a revised volume of 875kb/d for October following the end of a political standoff over control of the Central Bank which curbed production and exports.
  • Amna/Sirtica exports from Ras Lanuf were revised up from 140kb/d to 160kb/d but loadings of other grades remained unchanged in the latest revision.