Libya's Oil Crisis and OPEC's Market Strategy

Since the politically motivated suspension of crude oil production in Libya on August 26, the oil markets have experienced a heightened level of volatility, with price fluctuations depending on almost every new headline.

In this episode of the Platts Oil Markets Podcast, Joel Hanley is joined by reporters Charlie Mitchell and Luke Stuart to delve into the country's long history of production woes and discuss the impact of this latest crisis on local and macro oil markets.

Links: Libyan factions extend talks amid oil shutdown (subscriber link) OPEC+ weighs delay to Oct output hike amid weak oil prices (subscriber link) Oil market braces for volatility as supply glut fears drag Brent to 9-month low Dated Brent - PCAAS00 Es Sider FOB Libya vs BTC Dtd Strip - AAGYH00 Azeri Light CIF Augusta vs BTC Dtd Strip - AAHPM00 Saharan Blend FOB Algeria vs BTC Dtd Strip - AAHPN00