*Crude, Fuel and Gasoil Push in The Morning Window*
A morning increase for Crude, Fuel and Gasoil this morning also saw the strengthening of the front FoGos strengthen to print -40.75 for the Euro and -18 for the Sing, with the front crack is valued at -5.75 at 1010BST. (FIS)
*BP Says It Returning to Normal Operations at Gulf of Mexico Facilities*
BP say it has re-staffed its deep-water facilities in the Gulf of Mexico as it resumes the process of restarting production after the halting of operations due to Hurricane Delta in the region. (Reuters)
*Refiners Face Mounting Pressure on Growing Demand, Capacity Imbalance: IEA*
Refiners will face a growing problem in the next 5 years as refining capacity for oil products is set to increase by 6 million barrels per day but demand for said products is only set to increase by 2 million barrels per day. Refinery output will only grow by half of the pace seen in the previous decade as they are faced with a structural shift away from transport fuel to petrochemical feedstocks. (S&P Global Platts)
*London Stocks Retreat as Coronavirus, Brexit Doubts Weigh*
UK stocks fell as the increased restrictions on the coronavirus lockdowns raise questions for investors, on top of the looming Brexit fall out. Export focused FTSE 100 fell 0.5% as unemployment increased by larger than expected 4.5% on Tuesday. (Reuters)