News Headlines:
OIL DAYBOOK EUROPE: OPEC+ Sticks to Agreed Plan for Supply Hikes (Bloomberg)
OPEC and its allies agreed to stick to their existing plan for gradual monthly oil-production increases after a brief video conference.
* OIL FUTURES: Oil Declines After OPEC+ Alliance Agrees to Return More Barrels
As OPEC+ Plans More Oil, Global Exports Plunge: Tanker Tracker (Bloomberg)
OPEC+ plans to keep adding oil to the market, but ship-tracking data from some of the group’s members show that global flows plunged last month. With more than 32 million barrels a day of August flows
collated so far, tanker tracking compiled by Bloomberg shows a collective drop of more than 600,000 barrels a day from July.
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FIS Tankers Daily Report 2021-09-02
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