Three engineers' orders given to operate Libya's El Feel oilfield following suspension on March 17th, according to reports
The resumption of operations at Libya's El Feel oilfield signals potential easing of supply disruptions that had been affecting the oil market.
NY Fed RRP op demand at 0.75bln (prev. 0.99bln) across 5 counterparties (prev. 5) on March 30th
Israel shifts to hitting Iran’s economy, as it enters ‘completion phase’ of war, via Times of Israel
Three engineers' orders given to operate Libya's El Feel oilfield following suspension on March 17th, according to reports
Channel 12 citing sources says the Israeli army is providing the U.S. army with intelligence information related to a potential operation in the Strait of Hormuz
Israeli PM Netanyahu stated in private meetings that a possible US-Iran deal won't end fighting with Hezbollah, Israel Hayom reports citing sources
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This could impact global oil prices, particularly if the output levels return to normalization while also reflecting on OPEC dynamics and broader supply-demand balances. Traders should monitor how this development influences crude prices and potential shifts in commodity currencies.
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