Affected by the earthquake in Japan, oil prices will rise. After the earthquake, Japan will import a lot of oil for reconstruction, which will inevitably lead to an increase in international crude oil prices. As the world's largest oil producer 12, Libya's daily crude oil output is about10.6 million barrels during the peak period. Since the conflict broke out in Libya, the country's oil exploration facilities have been destroyed or closed, and Libya's daily average crude oil output has rapidly dropped to about 400,000 barrels. According to the latest data released by the International Energy Organization (IEA), the average daily oil production in Libya was 6.5438+0.38 million barrels in February, compared with 6.5438+0.58 million barrels last month. Libya's crude oil is mainly exported to European markets. Some market participants are worried that with the deepening military intervention of western countries, Libya's oil production capacity may suffer a major blow, which will push up international oil prices again in the short term.

Today's latest international oil price trend chart Unit: USD/barrel