OIL DAYBOOK EUROPE: Libya Wants U.S. Firms to Help Boost Output (Bloomberg)
Libya wants U.S. oil companies to return to the war-torn OPEC nation and help it raise output rapidly. “I would like to personally encourage foreign companies, especially those from the U.S., to come back,” Oil Minister Mohamed Oun said in an interview in Italy, where he’s attending a conference. “We require a lot of work to upgrade and maintain our facilities.”
* OIL FUTURES: Oil Sinks as Climb in U.S. Stockpiles, Risk-Off Mood Check Rally
Bimco Paints Gloomy Outlook for Crude Tankers: APPEC Update (Bloomberg)
Asia’s biggest gathering of oil traders and executives — mostly held virtually again this year – entered its final day in Singapore. Here’s a rolling update of the key themes discussed at the 37th Asia Pacific Petroleum Conference organized by S&P Global Platts as market players weigh the energy transition to the recovery from the pandemic. The event also comes as natural gas prices surge ahead of winter, setting up the prospect of greater demand for oil products to be used in power generation. All times are local.
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FIS Tankers Daily Report 2021-09-29
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