Daily oil and LNG price update (buyers sell)

Friday, 27 May 2016

The Brent oil price fell back to $49.47 last night as Henry Hub eased to $2.14mmBtu:

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Not much in news except perhaps some more good news from Libya:

The Libyan National Army (LNA), led by a rogue general coming from the country’s east, is reportedly marching towards the capital, Tripoli, with an eye to ‘liberating’ it from the hands of the emerging Government of National Accord (GNA), according to local media reports.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.