Libya’s National Oil Corp. (NOC) raised its July crude oil official selling prices across the board, particularly for key grades such as Es Sider and El Sharara, a price list seen by Reuters showed.
The move reflects a rebound in demand, most recently in Europe, following the easing of COVID-19 restrictions.
The Es Sider OSP was raised by 60 cents to dated Brent minus $1.35 and El Sharara was set at dated Brent minus 80 cents, up 65 cents from June.
Photo: EPA/MOHAMED MESSARA
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