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Libya lowers June Es Sider crude price by 15 cents

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By Shoaib Ur Rehman
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LONDON: Libya's National Oil Corporation (NOC) said on Thursday it has lowered the June official selling price (OSP) on its key export crude Es Sider, down 15 cents from May.

The Es Sider OSP was set at dated Brent plus 85 cents per barrel for June, down from the May price of dated Brent plus $1.00 per barrel.

The prices on El Sharara and Mellitah were dropped 15 cents to dated Brent plus $1.15 and plus 50 cents a barrel, respectively.

Copyright Reuters, 2012

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