Libyan oil ports reopen after storm forced closure
LONDON (Reuters) - Four major oil ports in Libya have reopened after shutting down on Saturday because of the powerful storm that swept the country, killing thousands of people, port agent Al Omran International Maritime Agencies said on Wednesday.
The eastern ports of Brega, Es Sidra and Ras Lanuf opened on Tuesday and the port of Zueitina opened on Wednesday morning, Al Omran said.
Oil prices rose on Wednesday, with Brent firming around a 10-month peak reached during trading a day earlier, as the market balanced supply concerns over the port shutdowns and OPEC+ production cuts against the global economic outlook.
A single buoy mooring (SBM) at Es Sidra was shut for maintenance last week after a leak, two traders told Reuters. Maintenance teams are still trying to fix the leak, a shipping source added.
(Reporting by Ahmad Ghaddar in London; Writing by Yousef Saba in Dubai; Editing by John Stonestreet and David Goodman)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US consumer prices increase as expected in July
- Israeli troops clash with settlers besieging Palestinian homes in West Bank
- Serial UK sex attacker jailed for life for double murder, rape after police failings
Create E-mail Alert Related Categories
ReutersRelated Entities
OPECSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share