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Stock impact report

Second oil storage tank on fire in fighting at Libya's Ras Lanuf [Reuters]

Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B) 
US:NYSE Investor Relations: shell.com/investors.html
Company Research Source: Reuters
Second oil storage tank on fire in fighting at Libya's Ras Lanuf | Reuters 3 Min Read BENGHAZI, Libya (Reuters) - An oil storage tank at the Ras Lanuf port in Libya was ablaze on Sunday amid fighting between rival factions for control of the terminals in Libya’s oil crescent, a firefighting official said. Ras Lanuf’s storage tank No. 2 held 200,000 barrels of crude at the time, the official said. Another Ras Lanuf tank, No. 12, had already been set alight and damaged on Thursday, when armed groups stormed Ras Lanuf and the neighboring terminal of Es Sider. Groups opposed to Khalifa Haftar’s Libyan National Army (LNA), which has held ports in the oil crescent since 2016, mounted Thursday’s attack. It led the National Oil Corporation (NOC) to shut the terminals and evacuate them, declaring force majeure on exports. The NOC said the immediate production loss was 240,000 barrels per day, which was expected to rise to 400,000 bpd if the ports stayed shut. The fire fighting official said ta Show less Read more
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