04 Jun 2020 | 13:00 UTC — London
Listen: Libyan oil exports briefly pick up, NOC gears up for cautious return
Featuring Joel Hanley, Eklavya Gupte, Nicholas Baldwin, and Charlotte Bucchioni
Libya exported some crude and condensate from its storage caverns at the Zawiya terminal this week, a first from this port in almost four months. But with the civil conflict still brewing in the volatile North African oil producing powerhouse, a full or sustained return of Libyan oil is unlikely.
When these barrels do come back, they will face a crowded sweet market place along with an oil market still reeling from a huge demand loss brought upon by the Coronavirus pandemic.
Platts reporters Eklavya Gupte, Charlotte Bucchioni and Nicholas Baldwin tell Joel Hanley the latest.
