After a quiet overnight session, the price of Brent Crude spiked following news of an explosion at a Libyan crude oil pipeline that feeds the Es Sider sea terminal – home of the largest oil depot in Libya – a source from the Libyan National Army told The Libya Times Tuesday. The blast happened near 30km northwest of Marada, the source said.
#Breaking: #LNA sources accuse islamist militants from ‘the #Benghazi Defense Brigades’ of blast targeting the main pipeline linking the Sidrah terminal and #oil fields belonging to al-Waha company. The attack took place about 30km northwest of Maradah. #Libya pic.twitter.com/DjDqj0qQHk
— The Libya Times (@thelibyatimes) December 26, 2017
This post was published at Zero Hedge on Dec 26, 2017.