EnergyScan

Libyan force majeure

Crude prices continued to be under pressure during yesterday’s intraday session but remained above 71 $/b at the prompt. Lybian exports were curtailed by the National Oil Corp, estimating that production at Waha and El Sharara was reduced by 300 kb/d as of this weekend, invoking force majeure on parts of its export program at Zawiya and Mellitah ports. 

Energyscan oil news

The Biden administration is tightening its emission standards for personal light-duty vehicles, with an expected fuel economy of 6.2 litres per 100 km by the year 2026. Given the levels aimed, EV sales will be crucial for automakers to improve their sales-wide fuel economy. Emission standards were loosened by the previous administration.

Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-gas
October 27, 2021

Mixed price evolution

European gas prices were mixed yesterday, torn between conflicting fundamentals. On the pipeline supply side, Norwegian flows weakened again, to 311 mm cm/day on average,…
ES-gas
February 26, 2021

Lower prices in Europe and in Asia

With unchanged fundamentals, European gas prices weakened yesterday, pressured by technical selling. The additional drop in Asia JKM prices and the drop in parity prices…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Don’t have an account yet?  Sign up here!

[booked-calendar]