Thursday’s (10/20) death of former Libyan strongman Muammar Gaddafi was hailed by security and oil analysts who said, while it may have a small impact on how much oil is produced in Libya, it would probably improve security in the country as it represents a serious psychological blow to his fighters.

The National Transitional Council of Libya announced Thursday the capture and death of Gaddafi, a self-styled king-of-kings who ruled the North African country with an iron fist for 42 years until a popular uprising emerged in February as part of the Arab Spring.

U.S. Commodity Futures Trading Commission on Oct. 18 approved a rule to limit the amount of positions traders can take in energy, metals and agricultural commodities. Supporters argue the new rule would lower systemic trading risk but critics fear it would add to the cost of regulatory compliance for traders and potentially reduce liquidity in the futures and over-the-counter markets.

The five CFTC commissioners voted three to two, along party lines, in favor of the final position limits rulemaking after a long and at times contentious meeting last week. The vote, which had been postponed a few times in the past year, had been eagerly awaited.

At 19.9 million bpd, total petroleum deliveries, a measure of demand, rose 2.5% in September compared with the year prior period as U.S. consumer activity inched upwards and industrial activity strengthened, the American Petroleum Institute reported in its most recent Monthly Statistical Report released Friday (10/21).

The latest report from the Institute of Supply Management showed the Purchasing Manufacturers’ Index registering 51.5% in September, indicating a return to growth after contracting in August. The economic activity in the manufacturing sector expanded in September for the 26th consecutive month, according to ISM.