After Libya last year, 2012 has again been notable for geopolitical disruptions to oil supply. These have affected Iran, Sudan, Syria, and Yemen and have led to an estimated 1.2 million barrels per day (mbpd) loss in output during the year.
Much of this has been offset by the steady return of Libyan supply which has added around 1 mbpd. Gains in non-OPEC crude and global NGLs have also been str…
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On November - 23 - 2012 Articles of Interest
