Libya's oil field shutdown period extended, and US oil sales have not seen much boost.

GoldenOctober2024

2024-08-17 00:34:55

On August 17, Jinshi Data reported that due to the long-term shutdown of Libya’s largest oil field, Sharara, the sale of oil from the U.S. to Europe received some boost, but did not replicate the previous “mad rush for purchases” because the market’s concern about the risk of oversupply outweighed the risks of insufficient supply.

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