Article

2019-12-27 Africa North

Claim of no quick replacement for Libyan oil if it goes offline.

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Posted by 3dc 2019-12-27 00:27|| || Front Page|| [6 views ] Top

#1 If the world experiences a major unplanned oil production outage in any oil producing area in the next 60 days or so, we have no replacement!

AMERICAN FRACKERS: "Hold my beer."

Mike

Posted by Mike Kozlowski 2019-12-27 04:19|| 2019-12-27 04:19|| Front Page Top

#2 Crude Oil Production in Libya increased to 1188 BBL/D/1K in November from 1166 BBL/D/1K in October of 2019. Crude Oil Production in Libya averaged 1337.98 BBL/D/1K from 1973 until 2019, reaching an all time high of 2370 BBL/D/1K in October of 1973 and a record low of 7 BBL/D/1K in August of 2011. source: Organization of the Petroleum Exporting Countries

Posted by b 2019-12-27 07:33|| 2019-12-27 07:33|| Front Page Top

#3 A supply glut of around 07 mb/ day will put pressure on oil prices..

Posted by g(r)omgoru 2019-12-27 11:10|| 2019-12-27 11:10|| Front Page Top

#4 Dunno, I know where there's a bunch of Syrian oil.....

Posted by Mercutio 2019-12-27 11:44|| 2019-12-27 11:44|| Front Page Top

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