Oil news and market movers: Libya lifts its export schedule
- Libyan crude oil is expected to accelerate its production and export schedule for October to 27.52m bbl per month or 888k barrels per day, according to a loading program seen by Bloomberg News.
- Crude Oil prices are little changed in European trading on Wednesday amid uncertainty about the future of the Middle East conflict and the effects of output cuts being held in place by the Organization of the Petroleum Exporting Countries (OPEC) and allied producers until December, Reuters reports.
- The weekly Crude Oil Stockpile Change numbers from the American Petroleum Institute will be released at 20:30 GMT. Expectations are for a build of 2.3 million barrels, smaller than the 10.9 million build registered a week earlier.
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