Data related to Hurricane Harvey is starting to come together. For the week ending on September 1, refinery inputs fell by 3.2 million barrels per day (mb/d), or 34 percent, according to the EIA. • It was the largest week-on-week decline since 2008. • The outages remain, with a little more than 2 mb/d of refining capacity offline, according to Goldman Sachs. Market Movers • ExxonMobil (NYSE: XOM) agreed to slash its LNG price to India under a 20-year contract, a major concession that demonstrates the increasing leverage that buyers have over sellers in an oversupplied market. • Glencore (LON: GLEN) and Qatar announced […]