Daily Energy Report
Libya crude interruption threat, Inventory report, UAE oil volume, Japan buys US LNG, Media deception on OPEC+, Permian job loses, US shale future, Asia jet fuel exports to US, and more.
May 29, 2025
Chart of the Day
EOA: Libya’s Crude Exports are at the Highest Level Since 2011 but Face a Threat of Halting
Bloomberg: Libya’s State Oil Company Faces Shutdown Threat After Gunmen Storm HQ
Summary
Libya’s oil production has risen as new fields come online. Crude exports have increased, particularly to Europe, the primary market for Libya’s oil, as shown in Figure (1).