"Crude oil prices also saw support after Libya's eastern government called for a halt to all crude production and exports due to political conflict over who controls the country's central bank and oil revenues.
A sharp decline in crude oil held worldwide on tankers is bullish for prices. Vortexa reported Monday that crude oil stored on tankers that have been stationary for at least seven days fell by -24% w/w to 58.06 million bbl in the week ended August 23, the lowest in 4-1/2 years."
https://www.barchart.com/story/news/28216319/crude-prices-rally-on-middle-east-supply-concerns
Woodside, page-1813
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