Oil producers assessed damages and conducted safety checks on Thursday as they prepared to resume operations in the U.S. Gulf of Mexico, as estimates emerged of the loss of supply from Francine. ... FGE analysts estimated a 60,000 bpd drop to 1.69 million bpd.
"Flagging domestic oil demand in China has become a hot topic and was further underlined by disappointing August trade data," FGE analysts said in a note to clients.