MNI Commodity Weekly: OPEC+ Considerations Mount as October Nears

Executive Summary:

• OPEC+ Considerations Mount as October Nears: Supply side headlines shake the market this week against a building number of variables as OPEC+ mulls its October cut unwind decision.
• Oil Markets: Crude remains on a downward trajectory as markets await OPEC+ production plans as the overall sentiment remains bearish due to the possible return of Libyan supplies and with market oversupply risks. Diesel cracks have found some support ahead of the refinery maintenance season, but gasoline cracks continue to weaken as the end of the driving season weighs on demand. (Pg.4)
• Analyst Views: See oil market outlook by biggest names in industry. (Pg.7)

MNI Commodity Weekly - OPEC+ Considerations Mount as October Nears.pdf