{"id":13345,"date":"2011-02-25T12:47:50","date_gmt":"2011-02-25T11:47:50","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/13345\/can-saudi-effectively-replace-libyas-oil\/"},"modified":"2011-02-25T12:47:50","modified_gmt":"2011-02-25T11:47:50","slug":"can-saudi-effectively-replace-libyas-oil","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/13345\/can-saudi-effectively-replace-libyas-oil\/","title":{"rendered":"Can Saudi Effectively Replace Libya's Oil?"},"content":{"rendered":"<p>Oil prices recovered modestly in European session after the sharp selloff yesterday. While Saudi Arabia, the US and the IEA pledged to replace Libya's oil supplies, the risk remains there as the grades of oil produced by the countries differ. The spread between WTI and Brent has stayed above 14 as European oil markets are more affected by oil output disruption. In our opinion, while a risk premium should be attached to Brent crude for some time, the price should stay below 120 if the unrest in the MENA region does not spread to other oil producers, especially Saudi Arabia.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=h-Bj6XZV96E:taI_0W7PLvQ:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=h-Bj6XZV96E:taI_0W7PLvQ:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=h-Bj6XZV96E:taI_0W7PLvQ:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=h-Bj6XZV96E:taI_0W7PLvQ:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=h-Bj6XZV96E:taI_0W7PLvQ:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=h-Bj6XZV96E:taI_0W7PLvQ:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=h-Bj6XZV96E:taI_0W7PLvQ:l6gmwiTKsz0\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=l6gmwiTKsz0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=h-Bj6XZV96E:taI_0W7PLvQ:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=h-Bj6XZV96E:taI_0W7PLvQ:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/h-Bj6XZV96E\" height=\"1\" width=\"1\" \/><\/p>\n<p>Read the rest here:\u00a0<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/h-Bj6XZV96E\/\" title=\"Can Saudi Effectively Replace Libya's Oil?\">Can Saudi Effectively Replace Libya's Oil?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices recovered modestly in European session after the sharp selloff yesterday. While Saudi Arabia, the US and the IEA pledged to replace Libya's oil supplies, the risk remains there as the grades of oil produced by the countries differ. The spread between WTI and Brent has stayed above 14 as European oil markets are more affected by oil output disruption. In our opinion, while a risk premium should be attached to Brent crude for some time, the price should stay below 120 if the unrest in the MENA region does not spread to other oil producers, especially Saudi Arabia. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13345","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/13345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=13345"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/13345\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=13345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=13345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=13345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}