Sign in to follow this  
Followers 0
CB

This is why OPEC doesn't care as much about Libyan oil

Recommended Posts

Libyan light, sweet crude is like US shale-produced oil, says Bloomberg. Not like oil produced in the Middle East. What OPEC likes is that more Libyan production will mean less US exporting...hmmm

Share this post


Link to post
Share on other sites

But isn't Saudi crude also light? I mean, it's called Arab Light.

Share this post


Link to post
Share on other sites

I think that's the case for most middle eastern countries, but I don't know that ratio of how much of each grade is produced. Anyone else?

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  
Followers 0