News Headlines:
OIL DAYBOOK EUROPE: Vitol Says Ida’s Impact Bullish for Prices (Bloomberg)
The aftermath of Hurricane Ida has left about 1.1 million barrels of daily crude production shuttered in the U.S. Gulf of Mexico and it’s unclear when that output will return, a bullish sign for oil prices, according to Vitol Group. * OIL FUTURES: Oil Climbs as U.S. Supplies Slow to Return After Ida’s Battering
ASIA-AMERICAS FUEL: Sept. Flows Continue to Climb; August Drops (Bloomberg)
September-loading shipments of clean fuels from Asia to the Americas increased to 435k tons as of Monday, from 365k tons a week earlier, according to data compiled by Bloomberg.
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