Home / Oil & Energy / Oil & Companies News / Libya’s NOC sets Dec Abu Attifel crude oil OSP at 23-month high at Dated Brent plus 90 cents/b

Libya’s NOC sets Dec Abu Attifel crude oil OSP at 23-month high at Dated Brent plus 90 cents/b

Libya’s National Oil Corporation raised the official selling prices for five ofits 12 crude oil grades loading in December and kept six unchanged, according to a copy of the OSPs seen by S&P Global Platts Monday.

NOC cut the OSP for Brega for December by 5 cents/b to a discount of 80 cents/b to Dated Brent, a 2018 low.

The company raised the price of flagship grade Es Sider by 25 cents/b from November, to Dated Brent minus $1.30/b in December.

The OSP for Abu Attifel, which stood at a premium of 75 cents/b to Dated Brent in the past two months, was raised by 15 cents/b to a 23-month high.

Meanwhile, the OSP for Amna crude also saw an increase by 15 cents/b from its November price, to a discount of 65 cents/b to Dated Brent.

Additionally, the company raised the price of its offshore heavy crude El Bouri by 20 cents/b to a discount of $2.00/b against Urals in the Mediterranean.

Its second offshore heavy crude, El Jurf, also saw its discount easing 10 cents/b from November to a discount of 30 cents/b to Urals for December.

NOC did not issue a December OSP differential for Mesla loading out of Ras Lanuf for the fifth straight month.
Source: Platts

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