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Energy and Power

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Asia is more concerned about the impact of Libyan difficulties on oil prices than cargo movements

Published On 21 Apr 2022 03:09 PM


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Due to the region's low reliance on those supplies, Libya's oil production woes are unlikely to have a significant impact on Asia's crude buying plans, but refiners are girding for some price impact and supply squeeze as goes straight of the North African OPEC producer scramble for cargoes from elsewhere.

The recent production and export setbacks in Libya — where the country's largest oil well, Sharara, has been....


Tags : Libya's oil, OPEC, Asian oil,
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